- CoinDCX announces ₹111 crore ESOP buyback scheme for 500+ employees.
- The initiative allows eligible employees to sell a portion of their vested options and make gains.
- This move comes as part of the company’s broader objectives for 2026.
CoinDCX, a prominent Indian crypto exchange, announced a massive ₹111 crore (around $12 million) Employee Stock Ownership Plan (ESOP) buyback. This move benefits more than 500 current and former employees.
The initiative was revealed by co-founder Sumit Gupta, and it intends to deliver real financial value to team members and strengthen the company’s ownership-driven culture. Eligible employees, including those who have already left the company, will be able to sell a portion of their vested stock options and realise gains from CoinDCX’s growth.
CoinDCX Rewards Team with $12M ESOP Buyback
India’s CoinDCX crypto exchange has announced a $12 million ESOP buyback that will benefit over 500 employees of the company. The development allows eligible staff to sell part of their vested shares and gain financial returns from the company’s growth.
Co-founder Sumit Gupta shared the initiative on LinkedIn. He stated that the buyback is designed to reward employees with real value and strengthen the company’s culture of shared ownership. The founder stated,
“Eight years ago, many people told us that building a crypto company in India was “risky”. But where others saw risk, we saw a fundamental opportunity to shape the future of finance…This is our way of saying thank you to our incredible team: those who have been instrumental in helping CoinDCX scale to become India’s largest crypto exchange and in enabling over 2 crore Indians to start their crypto journeys.”
Notably, the ESOP buyback will allow eligible employees, both current and former, sell a part of their vested shares and convert them into profits. In simple terms, it gives them a real opportunity to benefit financially from the company’s success and growth over the years. For many employees, this could mean a meaningful payout for the time and effort they invested in building the company.
The move is considered one largest liquidity events by a crypto exchange in India. Analysts believe that such initiatives not only reward long-term contributors but also help boost employee morale, strengthen loyalty, and attract top talent in a competitive industry. It sends a strong signal about the company’s commitment to its community.
The move can also be a positive signal for investors because it shows the company is financially strong and confident about its future. This can increase investor trust and improve the company’s overall market perception.
Sumit Gupta Bets on Stronger 2026
This development comes as part of CoinDCX founder Sumit Gupta’s optimistic belief about crypto and regulatory growth in 2026. He hopes that 2026 could be a much better year for the crypto industry as global regulations become clearer and new products enter the market. Co-founder Sumit Gupta stated that while 2025 saw heavy price swings and operational challenges across the sector, the company remains optimistic about the road ahead.
Gupta even shared insights on the company’s new plans for 2026. One among them is the ESOP buyback program for the employees.
He also pointed out that upcoming regulations in the US, including the CLARITY Act, could boost confidence and encourage wide crypto adoption globally.
