Khaitan & Co and AZB & Partners advised on Coinbase’s proposed investment into CoinDCX. This milestone is a significant achievement for Coinbase, as it strengthens its presence in key emerging markets, such as India.
Khaitan & Co advised CoinDCX on execution of definitive agreement for a proposed investment by Coinbase, subject to regulatory approvals and customary closing conditions.
The deal team included Sanjay Khan Nagra, Renu Gopalakrishnan, Ishita Agarwal, Srivittal V, Anantha Desikan S, Anjali S Kumar, Chaitanya Jitendra Acharya and Shlok Mittal with assistance from Anisha Chand and Soham Banerjee (Competition Law).
AZB & Partners advised Coinbase on their investment into DCX Global Limited (“CoinDCX”), the closing being subject to regulatory approvals.
The deal team comprised Senior Partners Rachit Bahl and Rohan Bagai, Partner Navdeep Baidwan, Associates Anubhav Das, Prateek Pushkarna, Surya Dutt and Chaitanya Suri on the corporate and regulatory aspects; Partner Jatinder Singh Saluja on labour and employment laws; Senior Partner Akhilesh Kumar Rai, Counsel Sugandha B. Bhatia and Associate Nikhil Verma on IPR issues; Senior Partner Ram Kumar Poornachandran, Partner Dinoo Muthappa, Senior Associate Varun Thakur, Associates Nandini Modi and Ashna Mahajan on competition law aspects; Partner Abhinav Ashwin on tax aspects. Senior Consultant Mr. Padmanabhan G provided guidance on tricky issues.
The deal reporting on this platform is based on the information received from law firms, and therefore, some details may be missing/incomplete. If your firm has not been credited for this deal, write to us at chanchal.makhija@thegreymatter.co.in mentioning your firm’s name, lawyers involved (including designation) and client represented.
