Cryptocurrency exchange CoinDCX has said there is no immediate plan in the foreseeable future to announce an initial public offering.
“We would like to reiterate that as any growing company aspires to take an IPO route in due course. We at CoinDCX also have similar aspirations. Having said that, there is no definitive route or clause as to when we would go ahead with this plan,” it said in a statement on Monday.
It further said that a well-defined regulatory process will benefit not only the company but the entire ecosystem in their growth strategy.
CoinDCX is the country’s first crypto unicorn.
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.