Coinbase invests in India’s CoinDCX at $2.45B valuation
Coinbase ups its investment in CoinDCX, valuing the exchange at $2.45B amid bullish Indian crypto outlook.
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1 day agoCoinbase invests in India’s CoinDCX at $2.45B valuation
Coinbase Global has expanded its stake in India’s leading crypto exchange CoinDCX, valuing the firm at $2.45 billion post-money. The move underscores continued confidence in India’s nascent digital-asset market despite regulatory ambiguity. CoinDCX reported $1.2 billion in assets under custody and annualized revenues of ~$141 million. Coinbase’s deeper involvement aims to strengthen its presence across South Asia and foster infrastructure for institutional flows. The deal is subject to regulatory approvals, but signals a strategic bet on India’s crypto growth trajectory.
positive
1 day agoCoinbase invests in India’s CoinDCX at $2.45B valuation
Coinbase Global has expanded its stake in India’s leading crypto exchange CoinDCX, valuing the firm at $2.45 billion post-money. The move underscores continued confidence in India’s nascent digital-asset market despite regulatory ambiguity. CoinDCX reported $1.2 billion in assets under custody and annualized revenues of ~$141 million. Coinbase’s deeper involvement aims to strengthen its presence across South Asia and foster infrastructure for institutional flows. The deal is subject to regulatory approvals, but signals a strategic bet on India’s crypto growth trajectory.
positive
Coinbase invests in India’s CoinDCX at $2.45B valuation
1 day ago
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Coinbase ups its investment in CoinDCX, valuing the exchange at $2.45B amid bullish Indian crypto outlook.
Coinbase Global has expanded its stake in India’s leading crypto exchange CoinDCX, valuing the firm at $2.45 billion post-money. The move underscores continued confidence in India’s nascent digital-asset market despite regulatory ambiguity. CoinDCX reported $1.2 billion in assets under custody and annualized revenues of ~$141 million. Coinbase’s deeper involvement aims to strengthen its presence across South Asia and foster infrastructure for institutional flows. The deal is subject to regulatory approvals, but signals a strategic bet on India’s crypto growth trajectory.
Coinbase Global has expanded its stake in India’s leading crypto exchange CoinDCX, valuing the firm at $2.45 billion post-money. The move underscores continued confidence in India’s nascent digital-asset market despite regulatory ambiguity. CoinDCX reported $1.2 billion in assets under custody and annualized revenues of ~$141 million. Coinbase’s deeper involvement aims to strengthen its presence across South Asia and foster infrastructure for institutional flows. The deal is subject to regulatory approvals, but signals a strategic bet on India’s crypto growth trajectory.
Companies:
CoinDCX
Coinbase
Tags:
crypto
startup
crypto
startup
investment
markets
india
Source:
Oct 16, 2025 • 07:21 IST