CoinDCX became India’s first cryptocurrency unicorn
It raised $90 mn from investors led by B Capital Group
B Capital Group is a venture capital firm by Facebook co-founder Eduardo Saverin
Other investors were Coinbase Ventures, Polychain Capital, Block.one, and Jump Capital
With the latest funding, the firm’s value hit $1.1 bn
The investment comes as policymakers are still debating the possibilities of digital currencies
CoinDCX was established in 2018
The firm intends to use a part of the funding to expand its team
