CoinSwitch Kuber Indian exchange raises $260M to attain unicorn status

Indian law enforcement agency raids CoinSwitch Kuber

CoinSwitch Kuber, an Indian cryptocurrency exchange, has joined the unicorn club and is now valued at $1.9 billion after raising $260 million in a Series C fundraising round. The fresh funding has boosted CoinSwitch Kuber to the “very top” of Indian unicorns, according to an official release on Wednesday, with the firm becoming “India’s most […]

Blockdaemon achieves unicorn status with $155M finances

Blockdaemon achieves unicorn status with $155M finances

Blockdaemon has become a crypto unicorn after raising $155 million in Series B funding, allowing it to significantly extend its operational reach. In the realm of venture capital, a privately owned startup business is referred to as a “unicorn ” if its market capitalization exceeds $1 billion. Blockdaemon’s valuation has increased to $1.255 billion as […]

Blockstream is now valued at $3.2B thus achieving a crypto unicorn status

Blockstream is now valued at $3.2B thus achieving a crypto unicorn status

Canadian Bitcoin miner Blockstream has secured $210 million in fresh investment from a U.K. private equity firm and crypto exchange Bitfinex’s operator, now the firm is valued at $3.2 billion and has achieved unicorn status. According to Canadian newspaper The Globe and Mail, the company, which focuses on various Bitcoin-related areas — including operating as […]

CoinDCX becomes India’s first crypto unicorn after the latest funding round

CoinDCX's Okto Wallet Expands to Over 155 Countries

The latest funding round of CoinDCX at an amount of $90 million has made the firm valued at over $1.1 billion, now the firm stands as India’s first crypto unicorn. CoinDCX, a private cryptocurrency exchange platform, announced a $90 million funding round on Tuesday, valuing the company at over $1.1 billion, despite the RBI’s continued […]

TaxBit allegedly in talks for unicorn funding

TaxBit allegedly in talks for unicorn funding

It is feasible that the company Taxbit will receive additional funding, bringing its market capitalization to $1 billion or higher. It is alleged that TaxBit , a bitcoin tax software provider based in the United States, is searching for further capital at a valuation of $1 billion or more, which would elevate the company to […]