Pantera Leads CoinDCX Funding Round at $2.2 Billion Valuation
- India’s CoinDCX raises $135 million, both founders dilute 6%
- Steadview Capital among top investors in the crypto firm
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India’s crypto unicorn CoinDCX is raising $135 million from venture capital funds led by Pantera Capital and Steadview Capital Management LLC., according to a company statement.
The latest round values the company at $2.15 billion, making the Coinbase Ventures-backed exchange the highest valued crypto firm in India, said co-founder and Chief Executive Officer Sumit Gupta. Other investors in the financing include Kingsway, DraperDragon, Republic, and Kindred along with existing backers B Capital Group, Coinbase, Polychain and Cadenza, it said in the statement.