Coinbase Invests in Indian and Middle Eastern Cryptocurrency Exchange CoinDCX

Foresight News reports that Coinbase has announced an investment in the Indian and Middle Eastern cryptocurrency exchange CoinDCX. Previously, Coinbase had invested in CoinDCX through Coinbase Ventures, though the specific investment amount has not been disclosed. This investment will strengthen its business presence in the region. Coinbase continues to operate in India and the Middle East and maintains other significant local partnerships. The transaction is subject to regulatory approval and other customary closing conditions. Coinbase stated that as of July 2025, CoinDCX's annual group revenue is ₹117.9 million (approximately $141 million), with an annual trading volume across all products of ₹1.37 billion (approximately $16.5 billion), custodial assets exceeding ₹10 billion ($1.2 billion), and a user base of over 20.4 million.