BlockBeats News, October 15th, Coinbase announced that it is investing in the India and Middle East cryptocurrency exchange platform CoinDCX, based on its previous investment through Coinbase Ventures in CoinDCX. This investment will strengthen its presence in the region, as Coinbase is currently operating in India and the Middle East and has other key local partners. The transaction is subject to regulatory approval and other customary closing conditions.
Coinbase states that as of July 2025, CoinDCX’s annual group revenue is approximately $141 million, with an annual trading volume of around $165 billion across all products, holding over $1.2 billion in assets under custody, and having a user base of over 20.4 million.
