Crypto exchange CoinDCX raises $135 mn in funding as valuation tops $2 bn

CoinDCX aims to triple its staff to over 1,000 employees by the end of 2022

Indian crypto exchange CoinDCX has raised $135 million in its Series D funding round, with a valuation of over $2 billion. The round was led by Pantera and Steadview and saw participation from prominent investors like Kingsway, DraperDragon, Republic, and Kindred.

The latest funding round also saw existing investors such as B Capital Group, Coinbase, Polychain, and Cadenza increase their investments in CoinDCX.

CoinDCX said it remains committed to spreading awareness and educating Indian investors on crypto and blockchain. It has launched several educational initiatives and campaigns working closely with universities and through its DCX Learn platform, which fosters greater