CoinDCX operates a crypto-asset trading platform that lets retail customers buy, sell, and store digital currencies. As of July, the exchange counted over 20.4 million users who held customer assets exceeding ₹100 billion (≈ $1.12 billion). The company posted annualized group revenue of ₹11.79 billion (≈ $133 million) and annualized transaction volume of ₹13.7 trillion (≈ $154.6 billion). After acquiring BitOasis last year, CoinDCX expanded its footprint across the Middle East and North Africa. The firm plans to use new capital to enhance products, accelerate user growth, push into additional geographies, and deepen crypto-education initiatives. Despite its growth, CoinDCX recently weathered a July security breach that resulted in a $44 million asset loss. The latest funding pegs its post-money valuation at $2.45 billion, up from $2.15 billion in April 2022.

Total raised

$228M

Funding rounds

5

Latest round

Series D

Latest activity

Apr 2022