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The funding round also saw participation from Coinbase Ventures and Zero Knowledge Ventures, among others.
CoinDCX said the FIR is “false” and attributed the case to an impersonation scheme involving individuals posing as the company’s founders.
The ESOP buyback will benefit more than 500 former and current employees of CoinDCX.
In this edition, we talk about whether the RBI is laying the framework for stablecoins; and the need to reinvent our 'Swadeshi' slogan as foreign AI companies set up shop in India.
Prior to this funding round, CoinDCX had raised $135 million in April 2022 in a funding round led by Pantera Capital and Steadview Capital Management.
The US-based crypto trading platform is reportedly engaging with various Indian authorities such as the Financial Intelligence Unit (FIU).
