scorecardresearchIndian crypto exchanges see sharp drop in valuation

Indian crypto exchanges see sharp drop in valuation

Updated: 20 May 2022, 09:26 AM IST
TL;DR.
The reasons include loss of interest among retail investors due to TDS rule, Terra Luna collapse and drying up of VC funding 
Market watchers say at least six transactions, both funding and M&A, are stuck due to valuation mismatches between crypto platforms and investors and strategic buyers.

Market watchers say at least six transactions, both funding and M&A, are stuck due to valuation mismatches between crypto platforms and investors and strategic buyers.