CoinDCX became India’s first crypto unicorn after its Series C funding round led by former Facebook cofounder Eduardo Saverin’s B Capital and others
Crypto trading unicorn CoinDCX said it had more than 1 crore users, reported ETMarkets.com. Claiming to be India’s safest crypto exchange with vision to provide safe, secure and easy access of digital assets to more than a crore of crypto investors in India, the company became India’s first crypto unicorn after its Series C funding round led by former Facebook cofounder Eduardo Saverin’s B Capital and others.
Commenting on the company’s milestone, Sumit Gupta, CEO and Co-Founder, CoinDCX said that accomplishing such a phenomenal milestone was a remarkable feat, and was a testament to the growing demands for digital assets in India.
“CoinDCX’s exponential growth in the past year attests to the trust that our customers have placed in us as the nation’s safest crypto exchange and from our commitment to drive transparency and credibility in the industry,” he added.
Since its launch in 2018, CoinDCX has tracked robust growth in a four-year journey as the user base of theplatform grew from 1.4 lakh users at the end of 2020 to 1 crore. With an aim to establish global financial inclusion using crypto-based products, CoinDCX has been developing borderless financial services that prioritises security and safety, while ensuring a faster, simpler, and uninterrupted flow of capital.
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