Coinbase Invests in CoinDCX to Expand in India and Middle East
- Coinbase invests in CoinDCX, a leading crypto exchange.
- Investment highlights growth potential in India and Middle East.
- CoinDCX reports annualized revenue of ₹1,179 crore.
Coinbase is making an investment in CoinDCX, a leading crypto exchange in India and the Middle East. This investment builds on prior investments in CoinDCX via Coinbase Ventures.
This investment underscores the potential seen in these regions. With over 1.4 billion people and over 100 million crypto owners, India and the Middle East are positioned to play a significant role in the future of crypto.
“CoinDCX is a high-growth, financially sound business built for scale at the center of the region’s massive growth opportunity,” Coinbase stated.
As of July 2025, CoinDCX’s annualized group revenue is ₹1,179 crore (~$141 million USD), annualised transaction volumes across products are ₹13.7 lakh crore (~$165 billion USD), and assets under custody exceed ₹10,000 crore ($1.2 billion USD). Their user base exceeds 20.4 million.
Coinbase noted that CoinDCX’s journey, including overcoming challenges earlier this year, has strengthened their conviction in the team and platform.
This investment adds to Coinbase's growing presence in the region, where they maintain local operations and partnerships.
The transaction is subject to regulatory approvals and other customary closing conditions.
Coinbase expressed excitement about working alongside CoinDCX and other partners to enhance crypto accessibility and trust for millions of people.
They will continue seeking opportunities to collaborate with builders across India as they expand their international footprint.
