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Saverin-Backed Indian Crypto Unicorn Plans IPO When Permitted

Green Crypto Miner In Canada To Go Public With Ticker 'SATO'
Photographer: Christinne Muschi/Bloomberg

India’s first cryptocurrency unicorn, CoinDCX, plans to pursue an initial public offering as soon as government regulations allow it, according to its co-founder Neeraj Khandelwal. 

The share sale would be a key vote of confidence for India’s digital asset industry similar to Coinbase Global Inc.’s U.S. listing earlier this year, Khandelwal said in an interview with Bloomberg Television Monday.