Coinbase Invests in CoinDCX, Expanding Reach in India and UAE

Coinbase has made a significant investment in India’s leading cryptocurrency exchange, CoinDCX, signifying its commitment to regional expansion and the growth of digital finance in emerging markets. The deal values CoinDCX at $2.45 billion post-money, pending regulatory approval. This marks a major step in Coinbase’s strategy to enter and solidify its presence in India and the Middle East, where over 100 million crypto owners reside.