Tagged: sumit gupta

CoinDCX Reinforces its Goal to Expand the Web3 Ecosystem in India, with CoinDCX Ventures

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CoinDCX, which claims to be one of India’s largest and “most valuable” crypto companies, recently announced the launch of CoinDCX Ventures, which is described as an investment initiative funding early-stage crypto and blockchain startups, “bolstering India’s digital asset ecosystem and accelerating the transformation of India’s… Read More

Digital Assets: India’s Crypto Exchange CoinDCX Finalizes $135M Round

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CoinDCX, which is among India’s leading players in the cryptocurrency sector, has finalized an oversubscribed round, over $135 million, in their Series D funding. The investment round was led by Pantera and Steadview along with contributions from investors such as Kingsway, DraperDragon, Republic, and Kindred…. Read More

Sumit Gupta: CEO at India’s CoinDCX, a Fast-Growing Crypto Exchange and Liquidity Aggregator, Shares Business Strategy

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Sumit Gupta, Co-founder and CEO at CoinDCX, one of India’s largest and most established cryptocurrency exchanges and liquidity aggregators, recently shared important insights exclusively with Crowdfund Insider. Notably, CoinDCX recently finalized a $90 million investment round, becoming India’s first crypto-focused Unicorn. During our conversation, Gupta… Read More

Crypto Exchange CoinDCX Claims 38% Month over Month Growth of Fiat to Crypto Product Insta

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CoinDCX, a crypto exchange that claims to be the largest in India, says its fiat to crypto product Insta has experienced 38% month over month growth in volume, according to a statement by the firm. The company claims that Insta has become India’s most trusted… Read More

CoinDCX, one of India’s Largest Digital Asset Exchanges, Launches DCX Learn, a Resource for Learning about Blockchain and Crypto

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CoinDCX, one of the largest digital asset exchanges in India, has introduced an online platform and subsidiary, called DCX Learn, which aims to serve as a comprehensive resource for people who want to learn more about cryptocurrency and blockchain tech. As mentioned in a release… Read More

CoinDCX Explains how Onfido’s AI-enhanced Software uses Biometrics to Verify Users’ IDs on India-based Digital Asset Exchange

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The digital asset and blockchain space is still in its infancy or early stages of development. There are many companies working on developing key infrastructure needed to support emerging cryptocurrency businesses. Cybersecurity, ID verification, AML/KYC processes, and even cryptocurrency-related insurance services are already being developed… Read More

Leading Indian Crypto Exchange CoinDCX Secures $2.5 Million in Additional Investments to Support Nationwide “TryCrypto” Campaign

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  CoinDCX, one of India’s largest digital asset exchanges, has secured an additional $2.5 million in funding from several major blockchain investors, including Coinbase Ventures (the investment division of cryptocurrency exchange Coinbase) and Polychain Capital. The latest investment acquired by CoinDCX has come around two… Read More

Sumit Gupta: Co-founder at CoinDCX Reveals How India’s Banks Have Responded to Crypto Businesses After Supreme Court Lifted RBI’s Banking Ban

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  In March, it was reported that CoinDCX had secured $3 million in funding through a Series A investment round, led by Bitcoin Mercantile Exchange (BitMEX) operator, HDR Group. At that time, Sumit Gupta, co-founder and CEO at CoinDCX, said the crypto space in India was developing… Read More

CoinDCX Lists CRO Token Marking Crypto.com’s Entry into India

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CoinDCX, India’s largest crypto exchange, has listed Crypto.com‘s MCO and CRO tokens representing Hong Kong-based Crypto.com’s entrance into the Indian market.  Two trading pairs are now available on CoinDCX: CRO/BTC & CRO/INR. The MCO token is a payment and finance digital asset within the Crypto.com… Read More

Indian Crypto Exchange CoinDCX Secures $3 Million in Funding via Series A Round Led by BitMEX Operator, HDR Group

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CoinDCX, one of India’s largest digital asset exchanges, has secured $3 million in funding through a Series A investment round, which was led by Bitcoin Mercantile Exchange (BitMEX) operator, HDR Group. Polychain Capital, Bain Capital Ventures, and several other unnamed venture capitalists also took part… Read More

Indian Crypto Exchange CoinDCX to Allocate $1.3 Million Towards Increasing Digital Currency Adoption in India

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CoinDCX, one of India’s largest crypto-asset exchanges and liquidity aggregators, has revealed that it will allocate $1.3 million towards increasing awareness and adoption of cryptocurrencies in India, a country with a population of over 1.5 billion. According to a press release shared with Crowdfund Insider,… Read More

India-based CoinDCX Becomes First Cryptocurrency Exchange in India to Integrate Bank Account Transfers

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CoinDCX, one of the largest cryptocurrency exchanges in India, revealed on March 4, 2020 that it has become the first digital asset trading platform in the country to integrate bank account transfers.  This development has come right after the Supreme Court of India lifted the… Read More

CoinDCX Founders Respond to Supreme Court of India’s Ruling on Cryptocurrency

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Earlier today, Crowdfund Insider reported on the Supreme Court of India’s ruling on cryptocurrency that removed restrictions on virtual currency transactions imposed in April 2018 by the Reserve Bank of India. The ban impeded banks from providing services to entities dealing with cryptocurrencies. Of course,… Read More

India-based Crypto Exchange CoinDCX Partners with Digital Asset Exchange OKEx to Offer Greater Liquidity to Indian Traders

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India-based CoinDCX, a leading digital asset exchange and liquidity aggregator, recently confirmed that it has teamed up with major multinational crypto-asset trading platform for futures and derivatives, OKEx.  As noted in a press release shared with Crowdfund Insider: “With this partnership, OKEx will gain access… Read More

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