Crypto Craze: Facebook co-founder's backing makes CoinDCX India's first crypto unicorn

Cryptocurrency exchange CoinDCX has become India's first crypto based unicorn after raising $90 million from investors led by Facebook co-founder Eduardo Saverin’s B Capital.

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The latest funding round values the firm at $1.1 billion comes at a time when investment in the digital tokens in India has soared to $6.6 billion. 

The exchange has 3.5 million users and has more than doubled its user base in the last two months. The platform was founded in 2018 by Sumit Gupta & Neeraj Khandelwal.