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Coinbase is doubling down on India with the crypto exchange investing in CoinDCX, one of the country’s top trading platforms.
Author: Sahil Thakur
Published On: Wed, 15 Oct 2025 05:52:09 GMT
October 15, 2025 — Coinbase is doubling down on India with the crypto exchange investing in CoinDCX, one of the country’s top trading platforms. The investment pegs CoinDCX’s post-money valuation at $2.45 billion.
The exact funding amount isn’t public yet. The deal still needs regulatory approvals to close.
This move isn’t Coinbase’s first step into India. The exchange already invested in CoinDCX via Coinbase Ventures. But this time, it’s going bigger.
“India and the Middle East are two of the most dynamic markets in crypto right now,” said Shan Aggarwal, Coinbase’s Chief Business Officer. “We’re excited to support CoinDCX as they scale.”
Coinbase highlighted India’s 1.4 billion population, rising digital adoption, and over 100 million crypto users as key reasons behind the bet. It’s also expanding across the MENA region, where CoinDCX acquired BitOasis in 2024.
CoinDCX plans to use the funds for multiple priorities. It wants to:
Co-founder Sumit Gupta said this wasn’t just about money. It was about shared conviction.
“Coinbase believes in our long-term vision and our regulatory-first approach,” Gupta noted in a LinkedIn post.
CoinDCX faced major challenges this year. In July, it lost $44 million to a crypto theft. Hackers hit one of its internal liquidity accounts. Fortunately, no user funds were lost.
The Coinbase investment comes as a strong endorsement of CoinDCX’s recovery and internal controls. It also strengthens the company’s global credibility as regulations tighten in India and abroad.
CoinDCX currently serves over 20 million Indian investors. It offers 500+ assets and 200+ trading pairs. The platform caters to retail users, HNI clients, and institutional players alike.
CoinDCX is already backed by major global investors. These include Polychain, Bain Capital, Jump Capital, Pantera, and Steadview, among others.
Coinbase’s renewed commitment shows growing confidence in CoinDCX’s role in shaping India and MENA’s crypto future. The timing also reflects renewed global attention toward on-chain finance, as compliance becomes a competitive edge.
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JUST IN: 🇮🇳 Coinbase invests in CoinDCX at a $2.45B valuation https://t.co/IzOFHmrg9g
NEW: COINBASE ANNOUNCES INVESTMENT INTO INDIA'S LEADING EXCHANGE COINDCX https://t.co/jTZdL0Zqoi
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