Indian crypto exchange CoinDCX bags unicorn tag after $90m fundraise

FILE PHOTO: Representations of cryptocurrencies including Bitcoin, Dash, Ethereum, Ripple and Litecoin are seen in this illustration picture taken June 2, 2021. REUTERS/Florence Lo/Illustration/File Photo

Cryptocurrency exchange platform CoinDCX has become the latest Indian startup to enter the unicorn club after raising $90 million (Rs 670 crore) in its Series C funding round led by B Capital Group (founded by former Facebook co-founder Eduardo Saverin).

Return backers in the round included Coinbase Ventures, Polychain Capital, Block.one, Jump Capital among others, alongside other veteran investors, the startup said in a statement.

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