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New Deal


Announced

Pantera Capital and Steadview led a $135m Series D round in CoinDCX.

Financials

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Transaction Value£103m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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Venture Capital

Cross Border

Acquisition

Minority

Single Bidder

FinTech

cryptocurrency trading

cryptocurrency exchange platform

Singapore

Private Equity

Completed

Private

Friendly

Synopsis

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Pantera Capital and Steadview led a $135m Series D round in CoinDCX, a crypto trading and exchange platform, with participation from Kingsway, DraperDragon, Republic, Kindred, B Capital Group, Coinbase, Polychain and Cadenza. "The latest round by some of the largest institutional investors only reinforces the belief in India’s immense potential in the crypto ecosystem. With a shared vision of a digital-first economy, we see this round as a strong endorsement of the amazing work that CoinDCX has done for the ecosystem over the years and our plans for the future," Sumit Gupta, CoinDCX CEO.

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