Mumbai-based cryptocurrency exchange CoinDCX has secured $ 3 million in a Series A funding round from Bain Capital Ventures, Ploychain Capital, and HDR Global trading. The company is planning to allow more users to get on board, build algorithm-based trading, and introduce a crypto-to-crypto trading product by the end of this year.
Launched in 2018, CoinDCX s is one of the major crypto exchanges in India which has partnered with global exchanges including OKEx, Binance, and Huobi. (Source)
Aarzoo is an author at Entrackr who tries to bring in an unbiased perspective while writing about the budding Indian startup ecosystem. Along the way, she also analyses the companies, their numbers, and compiles them. A graduate in Economics from Lady Shri Ram College for women, a will to explore the emerging businesses drives her the most. Connect with her at [email protected].
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