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27 days agoCoinbase Invests in Indian Crypto Exchange CoinDCX at $2.45B Valuation

Coinbase Global has invested in Indian crypto exchange CoinDCX, valuing it at $2.45 billion post-money. The deal expands Coinbase’s presence in South Asia and underscores institutional confidence in India’s digital asset space. CoinDCX in turn reports $141 million in recent annualized group revenue and $1.2 billion in assets under custody. Transaction is subject to regulatory approval and other closing conditions. This marks a major cross-border crypto investment.
Reuters• By Harsh Ranjan
Explore:Mutual Fund Categories
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27 days agoCoinbase Invests in Indian Crypto Exchange CoinDCX at $2.45B Valuation

Coinbase Global has invested in Indian crypto exchange CoinDCX, valuing it at $2.45 billion post-money. The deal expands Coinbase’s presence in South Asia and underscores institutional confidence in India’s digital asset space. CoinDCX in turn reports $141 million in recent annualized group revenue and $1.2 billion in assets under custody. Transaction is subject to regulatory approval and other closing conditions. This marks a major cross-border crypto investment.
Reuters• By Harsh Ranjan
Explore:Mutual Fund Categories
28 days ago
1 min read
67 words

Coinbase backs CoinDCX in $2.45B deal to scale India exposure.
Coinbase Global has invested in Indian crypto exchange CoinDCX, valuing it at $2.45 billion post-money. The deal expands Coinbase’s presence in South Asia and underscores institutional confidence in India’s digital asset space. CoinDCX in turn reports $141 million in recent annualized group revenue and $1.2 billion in assets under custody. Transaction is subject to regulatory approval and other closing conditions. This marks a major cross-border crypto investment.

Coinbase Global has invested in Indian crypto exchange CoinDCX, valuing it at $2.45 billion post-money. The deal expands Coinbase’s presence in South Asia and underscores institutional confidence in India’s digital asset space. CoinDCX in turn reports $141 million in recent annualized group revenue and $1.2 billion in assets under custody. Transaction is subject to regulatory approval and other closing conditions. This marks a major cross-border crypto investment.
Companies:
Coinbase
CoinDCX
Tags:
crypto
startups
crypto
startups
global
investment
India
Oct 15, 2025 • 06:35 IST