• Send Us A Tip
  • Calling all Tech Writers
  • Advertise
Friday, June 20, 2025
  • Login
  • Register
TechStory
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to
No Result
View All Result
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to
No Result
View All Result
TechStory
No Result
View All Result
Home News

CoinDCX secured $3M in Series A round led by Polychain Capital

by Udit
March 25, 2020
in News
Reading Time: 1 min read
0
CoinDCX
TwitterWhatsappLinkedin

CoinDCX, a cryptocurrency trading platform, and liquidity aggregator revealed that it had secured $3 million in the funding round of Series A led by the PolyChain Capital, Bain Capital Ventures, and HDR Group operator of BitMex, along with some other venture capitalists.

You might also like

Heineken Bets Big on India: ₹3,000 Cr Digital Hub in Hyderabad to Create 3,000 Jobs

Canada Warns of Higher Tariffs on US Steel and Aluminum Without Trade Deal

Court Orders Release of Nirav Modi’s ₹66.33 Crore Assets to Punjab National Bank

The funs secured will help to reinforce CoinDCX nationwide efforts to promote crypto adoption, as well as bolster its next phase of development, including the service and product enhancements, research and development, marketing activities, and human resources growth as well.

The exchange also has plans to develop a fiat onboarding solution in partnership with the major crypto projects, algorithm-based trading and a crypto-to-crypto trading product in the pipeline for 2020.

Olaf Carlson-Wee, Founder of Polychain Capital, said:, “We have chosen to partner with CoinDCX to build out a superior trading product that is fit for the region, and to support its move to promote cryptocurrencies in one of the largest markets in the world. The Supreme Court’s decision to strike down the banking ban is an encouraging sign for the broader cryptocurrency ecosystem in India and we are confident that there is huge potential growth in this market.”

Sumit Gupta, CEO and Co-founder of CoinDCX, said, “As the country’s largest exchange, we are in a position to drive national crypto adoption forward responsibly… With a slew of exciting projects in the pipeline, the closure of our Series A is the first step in a new chapter in the CoinDCX story as we continue to drive the mass adoption of crypto assets in India.”

Tags: CoinDCX
Tweet54SendShare15
Previous Post

Excess2Sell secured $1M from Private Equity Investor

Next Post

How the Sports Betting Industry is Coping with the Lack of Sporting Events

Udit

Recommended For You

Heineken Bets Big on India: ₹3,000 Cr Digital Hub in Hyderabad to Create 3,000 Jobs

by Ishaan Negi
June 20, 2025
0
Heineken Bets Big on India: ₹3,000 Cr Digital Hub in Hyderabad to Create 3,000 Jobs

In what’s being hailed as a landmark moment for India’s booming digital economy, Dutch brewing titan Heineken N.V. is pouring in a massive ₹2,500–3,000 crore to set up...

Read more

Canada Warns of Higher Tariffs on US Steel and Aluminum Without Trade Deal

by Rounak Majumdar
June 20, 2025
0
Canada Warns of Higher Tariffs on US Steel and Aluminum Without Trade Deal

Canada has issued a strong warning to the United States, threatening to impose higher tariffs on American steel and aluminum imports if a new trade agreement is not...

Read more

Court Orders Release of Nirav Modi’s ₹66.33 Crore Assets to Punjab National Bank

by Rounak Majumdar
June 20, 2025
0
Court Orders Release of Nirav Modi’s ₹66.33 Crore Assets to Punjab National Bank

According to the Prevention of Money Laundering Act (PMLA), a special court has permitted the release of assets valued at ₹66.33 crore that were previously attached to Punjab...

Read more
Next Post

How the Sports Betting Industry is Coping with the Lack of Sporting Events

Please login to join discussion

Techstory

Tech and Business News from around the world. Follow along for latest in the world of Tech, AI, Crypto, EVs, Business Personalities and more.
reach us at [email protected]

Advertise With Us

Reach out at - [email protected]

BROWSE BY TAG

#Crypto #howto 2024 acquisition AI amazon Apple bitcoin Business China cryptocurrency e-commerce electric vehicles Elon Musk Ethereum facebook flipkart funding Gaming Google India Instagram Investment ios iPhone IPO Market Markets Meta Microsoft News NFT samsung Social Media SpaceX startup startups tech technology Tesla TikTok trend trending twitter US

© 2024 Techstory.in

No Result
View All Result
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to

© 2024 Techstory.in

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?