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Published on
October 15, 2025
5 min read
Coinbase Invests in CoinDCX, Raising Valuation of Indian Crypto Exchange to $2.45 Billion
In Focus
- Coinbase invests in CoinDCX, valuing the Indian exchange at $2.45 billion
- CoinDCX’s new funding round strengthens its regional and product expansion plans
- Coinbase India crypto strategy focuses on regulatory compliance and market growth
- Investment comes despite prior security breach, signaling confidence in the Indian crypto sector
Coinbase has further strengthened its stake in India’s leading cryptocurrency exchange, CoinDCX, in a move that positions the platform at a $2.45 billion valuation, according to TechCrunch.
The funding round marks an increase from CoinDCX’s previous valuation of approximately $2.15 billion in 2022 and underscores Coinbase’s continued interest in India’s crypto ecosystem.
The investment is part of Coinbase’s ongoing strategy to expand its presence in emerging markets while leveraging local partnerships. Coinbase has been an investor in CoinDCX since 2020 through Coinbase Ventures and recently re-entered the Indian market after registering with India’s Financial Intelligence Unit.
CoinDCX Funding Supports Expansion and Product Innovation
“This investment adds to our growing presence in the region, where we also maintain local operations and other important local partners,” said Coinbase’s chief business officer, Shan Aggarwal, in a blog post. “Taken together, these steps reflect a clear commitment: we believe India and its neighbors will help shape the future of the global on chain economy.”
The platform already supports over 20.4 million users, managing ₹100 billion in customer assets and generating annualized revenue of approximately ₹11.79 billion, with total transaction volumes reaching ₹13.7 trillion.
Despite a $44 million security breach in July 2025, Coinbase’s decision to increase investment demonstrates confidence in the exchange’s operational resilience and growth potential. In May, 2025, CoinDCX, formally expanded its global presence by entering the Middle East and North Africa (MENA) region.
Regulatory-Compliant Strategy Drives Coinbase Investments
Coinbase’s renewed investment highlights a focused approach to regulatory compliance and market expansion in India. India’s crypto market remains heavily regulated, with a 30% tax on crypto gains and a 1% transaction levy. Coinbase India crypto strategy aims to operate within this framework while tapping into growing demand for digital asset services.
Coinbase has also leveraged CoinDCX’s existing regional footprint, including its presence in the Middle East and North Africa through its acquisition of BitOasis. This approach aligns with Coinbase’s broader objective of establishing a scalable and compliant digital asset ecosystem in emerging markets. In other news, the Supreme Court of India has raised concerns with the center due to delays in crypto regulations.
Industry Implications and Outlook
Coinbase’s investment in CoinDCX strengthens the exchange’s position as one of the highest-valued Indian crypto platforms. The $2.45 billion valuation provides resources to enhance security, product offerings, and geographic reach. For businesses and industry specialists, this development emphasizes the importance of regulatory-aligned expansion and the increasing maturity of India’s crypto ecosystem.
The partnership sets a benchmark for institutional investment in regional exchanges and highlights the growing importance of India in the global cryptocurrency landscape.
