Cryptocurrency exchange Coinbase Global has made a new investment in India’s leading digital asset platform, CoinDCX, valuing the company at $2.45 billion post-money. The investment reinforces Coinbase’s growing interest in India’s crypto ecosystem and follows multiple previous rounds of funding by its venture capital arm, Coinbase Ventures.

In April 2022, Coinbase Ventures had participated in CoinDCX’s $135 million funding round, which valued the Mumbai-based firm at $2.15 billion. Since then, CoinDCX has steadily expanded its footprint in India’s digital asset market, emerging as one of the country’s most prominent crypto exchanges. Advertisement

As of July 2025, CoinDCX reported annualised group revenue of approximately $141 million and total assets under custody of $1.2 billion, und

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