Coindcx becomes indias first crypto exchange to hit unicorn status.
CoinDCX, an exchange platform of private cryptocurrencies, on Tuesday announced a USD 90 million fundraise which values the company at over USD 1.1 billion, even as RBI's concerns on private cryptocurrencies continue. The round raised CoinDCX's valuation to USD 1.1 billion (around Rs 8,150 crore), making it the first Indian cryptocurrency exchange to reach the unicorn status (companies with over USD 1 billion valuation), it added.