Coinbase invests in CoinDCX at $2.45B; deal awaits regulatory approvals

Coinbase announced an investment in Indian exchange CoinDCX to deepen its presence in India and the Middle ￰0￱ company frames the move as part of a broader regional build-out focused on regulated growth and local ￰1￱ transaction is not closed and remains subject to regulatory approvals and customary closing ￰2￱ and terms Reports put the post-money valuation at $2.45 billion per CoinDCX ￰3￱ did not disclose price or stake and called it an investment not a control ￰4￱ the figure as provisional until closing or filings confirm ￰5￱ Coinbase’s announcement references July 2025 operating metrics for CoinDCX including more than $1.2 billion in assets under custody and roughly $141 million in annualized ￰6￱ also notes about 20.4 million users and approximately $165 billion in annualized transaction volume

indicating broad consumer reach and sustained trading activity in the India ￰7￱ “India and the Middle East are set to play a big role in the future of crypto,” said Shan Aggarwal Coinbase’s chief business ￰8￱ statement positions the deal as a strategic bet on on-chain adoption in key markets with an emphasis on compliance local execution

and optionality for future expansion once approvals are in place.