Coinbase Invests in CoinDCX, Valuing the Indian Exchange at $2.45 Billion

Coinbase has recently invested in India-based cryptocurrency exchange CoinDCX, boosting its valuation to $2.45 billion. This strategic move reflects Coinbase’s strong commitment to the burgeoning Indian crypto market despite regulatory challenges. The investment signifies a renewed partnership between Coinbase and CoinDCX, positioning both companies to capitalize on India’s thriving digital asset landscape.