Coinbase is making an investment in CoinDCX, a leading cryptocurrency exchange in India and the Middle East, pending regulatory approval and other closing conditions.

The deal builds on Coinbase’s earlier investments in CoinDCX and is subject to regulatory approval.

CoinDCX reported annualized revenue of around US$141 million and transaction volumes of about US$165 billion as of July 2025, with over 20.4 million users and US$1.2 billion in assets under custody.

Coinbase said the investment is part of its broader strategy to grow its presence in India and the Middle East.

Coinbase, which operates local offices and partnerships in the region, did not disclose the investment amount.

🔗 Source: Coinbase

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