20 June 2026
India’s First Crypto Unicorn Plans To Go Public
India has become the center of the Crypto industry’s attention as the nation is ready to discuss its Crypto bill in the winter parliament. The bill will be introduced during the ongoing winter session starting today. Despite the uncertainty around Crypto regulations in India, the Indian Crypto ecosystem is growing as many Crypto companies have received unicorn status over the past year.
As per a Bloomberg report, CoinDCX, India’s first Cryptocurrency unicorn, is planning to go public via an initial public offering (IPO). The Co-founder Neeraj Khandelwal revealed that the platform is waiting for the regulations from the government to allow Crypto platforms to go public.
“As soon as the government or the situations allow us, we will try for an IPO,” he said. “An IPO gives a legitimacy to the industry, just like the Coinbase IPO gave a lot of confidence in the crypto markets. Similarly we want to instill a similar level of confidence with an IPO of CoinDCX.”
Back in August, CoinDCX became the first Indian Crypto exchange Unicorn after their $90 million Series C fundraise, giving it a $1.1 billion valuation.
Major venture capital firms have invested in the Crypto ecosystem of India and plan to add more money after looking at the huge potential market holds.
Additionally, the positive regulations from the government would pave the path for India to become a powerful force in a decentralized world and could play a major role in a decentralized world.
Disclaimer: The author’s thoughts and comments are solely for educational reasons and informative purposes only. They do not represent financial, investment, or other advic
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