CoinDCX is one of the Indian based exchange platforms, and they did a fundraiser.
They announced on the 21st of December that investors like Polychain, Coinbase, etc had raised 13.9 million dollars. Other blockchain operators have also contributed.
Major updates
- 13.9 million dollars raised by CoinDCX
- Trading volume on CoinDCX have increased by 20%
- CoinDCX records a 21% growth rate in volume trade and a 300% increase in employees
This fundraising is the third round that CoinDCX did in 2020. The first was in March when 3million dollars was raised. The second helped them to raise 2.4million dollars, and this third is the massive one. The plan is to use this raised fund to drive crypto use in India and expand India’s cryptocurrency market.
