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Coinbase Backs India’s CoinDCX at $2.45 Billion Valuation

Bloomberg Technology•Wednesday, October 15, 2025 at 3:04:35 AM

PositiveTechnology

Coinbase Backs India’s CoinDCX at $2.45 Billion Valuation

Coinbase Global's recent investment in Mumbai-based CoinDCX, now valued at $2.45 billion, marks a significant step in expanding its presence in India and the Middle East. This move not only strengthens Coinbase's foothold in a rapidly growing market but also highlights the increasing interest in cryptocurrency exchanges in these regions. As digital currencies gain traction, this partnership could pave the way for more innovations and opportunities in the crypto space.

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