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India’s crypto unicorn CoinDCX has no immediate plans for IPO
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India’s largest cryptocurrency exchange, CoinDCX, has no immediate plans for a public listing as the regulatory environment in the country remains uncertain.
CoinDCX has no definitive route or clause as to when to go ahead with a potential initial public offering (IPO), the firm told Cointelegraph in an official statement on Nov. 29.
“Any growing company aspires to take an IPO route in due course. We at CoinDCX also have similar aspirations. We would like to reiterate that there is no immediate plan in the foreseeable future to announce an IPO,” a spokesperson said.
The latest announcement adds to the claims of CoinDCX co-founder Neeraj Khandelwal who earlier today claimed that CoinDCX would pursue an IPO “as soon as the government or the
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