Other Private Equity/Strategic Investments
CoinDCX backs Bahamas-based decentralised trading infra provider Orderly Network
Nassau, Bahamas-headquartered Orderly Network, a permission-less, decentralized trading infrastructure, has raised funds from CoinDCX Ventures, the investment arm of crypto company CoinDCX. Incubated in October 2021 through a joint partnership between crypto exchange WOO Network, and NEAR, a public layer-1 blockchain for decentralized applications (dApps), Orderly Network offers centralized finance-level trading infrastructure by leveraging WOO Network's experiences in building trading platforms and decentralized exchanges. CoinDCX is the latest investment in Orderly Network after Laser Digital, the cryptocurrency subsidiary of Japanese banking giant Nomura, invested in it in December 2022, and Sequoia China, Pantera Capital, Dragonfly, and Jump Crypto invested in it in June 2022.
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