Home > Quick > Body

Coinbase Announces Investment in Indian and Middle Eastern Cryptocurrency Exchange CoinDCX

clock
2025-10-15 01:09:34
Coinbase has announced that it is investing in CoinDCX, a cryptocurrency exchange in India and the Middle East, building on its previous investment in CoinDCX through Coinbase Ventures. The investment will strengthen its presence in the region, where Coinbase still operates in India and the Middle East and has other significant local partners. The transaction is subject to regulatory approval and other customary closing conditions.
Coinbase said that as of July 2025, CoinDCX's annual group revenue is about $141 million, annual trading volume for all products is about $165 billion, assets under custody exceed $1.20 billion, and the number of users exceeds 20.40 million.
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
New Tab Page - Desk3 | Plugin
Stay ahead of the game in the cryptocurrency space.