Coinbase invests in Indian crypto exchange CoinDCX at $2.45B valuation
PositiveCryptocurrency

Coinbase Ventures has made a significant investment in the Indian cryptocurrency exchange CoinDCX, valuing the company at $2.45 billion. This move highlights Coinbase's strategy to expand its presence in India and the Middle East, tapping into the growing demand for cryptocurrency in these regions. This investment not only boosts CoinDCX's market position but also signals a positive outlook for the cryptocurrency industry in India, which is becoming increasingly important on the global stage.
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