CoinDCX Founder: IPO to be Completed as soon as possible after Regulatory Clearance
TokenInsight news, in an interview with Bloomberg TV, Neeraj Khandelwal, co-founder of CoinDCX, India's largest homegrown cryptocurrency exchange, said that the company would go public as soon as regulation allows. We will try for an initial public offering (IPO) as soon as the government or conditions permit, he said. An IPO would provide legitimacy to the industry, and just as Coinbase's IPO gave the crypto market a huge amount of confidence, we hope to inject similar confidence into the market with CoinDCX's IPO, Khandelwal said, adding that the company will decide on the exact timeline based on upcoming government regulations.
According to Similarweb, CoinDCX's official website received more than 2.6 million monthly visits in October, with more than 93% of those visits coming directly from within India.