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Coinbase has reaffirmed its commitment to India’s fast-growing crypto ecosystem through a new strategic investment in CoinDCX, the country’s largest cryptocurrency exchange. The move highlights the U.S.-based exchange’s expanding focus on South Asia and the Middle East, regions now home to over 100 million crypto users.
There are 100M+ crypto owners in India and the Middle East. And that’s growing, fast.
We’re excited to expand our presence in these regions through a new investment into India’s leading exchange, @CoinDCX. pic.twitter.com/4anCrwiK5o
— Coinbase
(@coinbase) October 15, 2025
In an announcement on October 15, Coinbase said the deal builds on its earlier participation in CoinDCX’s funding rounds, including the exchange’s $2 billion Series D valuation in 2022. The investment underscores Coinbase’s growing interest in regulated and scalable markets across emerging economies.
With a user base exceeding 20 million, CoinDCX has cemented itself as a leading player in India’s crypto market by prioritizing innovation, regulatory compliance, and consumer trust. As of July 2025, the exchange recorded transaction volumes worth ₹13.7 lakh crore ($165 billion), ₹10,000 crore ($1.2 billion) in assets under custody, and ₹1,179 crore ($141 million) in annualized revenue.
Beyond India, CoinDCX has expanded into the Middle East, addressing growing demand for compliant and accessible crypto trading platforms in the region.
CoinDCX’s credibility was reinforced in July 2025, when it swiftly recovered from an internal breach that led to a $44 million loss, ensuring that no customer funds were affected. CEO Sumit Gupta later confirmed that the company remained profitable, a testament to its operational resilience and robust governance—factors that likely bolstered Coinbase’s renewed investment confidence.
The CoinDCX investment forms part of Coinbase’s broader 2025 global expansion plan, which integrates Web3 innovations, AI-driven finance, and strategic acquisitions like Deribit in the derivatives sector.
So far, Coinbase has invested more than $250 million in India, supporting Web3 infrastructure and several startups, including CoinSwitch Kuber. The company said this latest partnership aims to make crypto “more accessible, useful, and trusted” across emerging markets.
By DeFi Planet
3 months ago
