Wednesday, 15 October, 2025
Coinbase Increases Stake in CoinDCX, Elevating Valuation to $2.45 Billion
Coinbase has expanded its investment in Indian cryptocurrency exchange CoinDCX, bringing the company's valuation to $2.45 billion. This funding aims to enhance CoinDCX's product offerings, introduce new on-chain use cases in India, and support its international expansion, particularly in the Middle East and North Africa region. The investment underscores Coinbase's confidence in CoinDCX's growth and the dynamic crypto adoption in India and beyond.
Read full story at Economic Times