Coinbase Boosts India and Middle East Presence with CoinDCX Investment
Coinbase has made a strategic investment in CoinDCX, India’s leading crypto exchange. This move strengthens Coinbase’s position in teh rapidly growing South Asian and Middle Eastern markets.
The investment is part of Coinbase Ventures’ ongoing support for CoinDCX.It follows earlier funding rounds, including a $2 billion Series D valuation in 2022. Coinbase aims to expand its reach in regions with over 100 million crypto users.
CoinDCX has over 20 million users and reported $165 billion in annualized trading volume. The exchange has also expanded into the Middle East, offering compliant and user-pleasant digital asset platforms.
despite a $44 million loss from an internal account breach in July 2025, CoinDCX swiftly recovered. CEO Sumit Gupta confirmed the company’s profitability and commitment to growth. This resilience likely boosted Coinbase’s confidence in CoinDCX’s governance.
India’s crypto sector is moving towards formal regulation, and institutional interest is growing. Coinbase believes this partnership will make crypto more accessible and trusted in the region.
This investment aligns with Coinbase’s 2025 expansion strategy. It includes ventures in Web3 and AI-integrated finance, as well as acquisitions like Deribit for derivatives. Coinbase has invested over $250 million in India, supporting Web3 infrastructure and regional startups.
