{"id":53718,"date":"2021-11-29T13:37:22","date_gmt":"2021-11-29T11:37:22","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=53718"},"modified":"2025-09-03T16:36:39","modified_gmt":"2025-09-03T13:36:39","slug":"coindcx-indias-bitcoin-exchange-plans-ipo","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/coindcx-indias-bitcoin-exchange-plans-ipo\/","title":{"rendered":"CoinDCX, India’s bitcoin exchange, plans IPO"},"content":{"rendered":"

Indian cryptocurrency exchange CoinDCX will pursue an IPO<\/span> after regulatory clarity emerges. This was stated by co-founder Niraj Handelwal, reports Bloomberg<\/a>.<\/p>\n

According to the co-founder of India’s first \u201ccrypto unicorn,\u201d the sale of shares would be a vote of confidence for the domestic digital-asset industry. He drew a parallel with listing of Coinbase<\/a> on Nasdaq.<\/p>\n

According to Handelwal, the firm will decide the timing of the IPO depending on government regulations.<\/p>\n

A representative of the exchange cited the debated digital assets bill. In his view, it signals progress and the authorities\u2019 recognition of a growing base of crypto investors.<\/p>\n

Earlier in November, the government plans to ban<\/a> most private digital assets.<\/p>\n

It is expected that India will refrain from a full ban<\/a> on cryptocurrencies, in favor of treating them as exchange-traded goods. The bill is expected to be prepared by \u0434\u043e 23 \u0434\u0435\u043a\u0430\u0431\u0440\u044f<\/a>.<\/p>\n

Also in November, the Reserve Bank of India said it had “serious concerns”<\/a> about cryptocurrencies.<\/p>\n

Earlier, as a result of the funding round, CoinDCX was valued at $1.1 billion<\/a>.<\/p>\n

Subscribe to the ForkLog channel on YouTube<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"

Indian cryptocurrency exchange CoinDCX will go public via an IPO after regulatory clarity emerges, according to co-founder Niraj Handelwal, Bloomberg reports.<\/p>\n","protected":false},"author":1,"featured_media":53719,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1837,278,1211],"class_list":["post-53718","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-coindcx","tag-india","tag-stock-market"],"aioseo_notices":[],"amp_enabled":true,"views":"17","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/53718","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=53718"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/53718\/revisions"}],"predecessor-version":[{"id":53720,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/53718\/revisions\/53720"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/53719"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=53718"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=53718"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=53718"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}