TLDR:
- Coinbase invests in CoinDCX, valuing the Indian exchange at $2.45B as crypto adoption grows.
- CoinDCX handles over ₹13.7 lakh crore ($165B) in annualized crypto transactions across products.
- The Indian crypto user base exceeds 20.4 million, driving growth opportunities for Coinbase.
- Coinbase strengthens regional footprint, targeting India and the Middle East for long-term expansion.
Coinbase is expanding its reach in South Asia with a strategic investment in CoinDCX.
The deal positions the U.S. crypto exchange to capitalize on India’s growing crypto ecosystem. It comes as crypto adoption rises rapidly despite regulatory uncertainty in the region.
Coinbase sees potential in India and the Middle East, citing large populations and tech adoption. The move also reflects Coinbase’s strategy to engage with emerging markets and local crypto leaders.
Coinbase Expands Crypto Presence in India and the Middle East
Coinbase confirmed the investment builds on prior support through Coinbase Ventures.
According to a release, the company is backing CoinDCX for its market leadership and trust with regulators. CoinDCX has grown to serve over 20.4 million users while maintaining strong transaction volumes. The exchange reports ₹13.7 lakh crore ($165B) in annualized transaction volumes and assets under custody above $1.2B.
Coinbase highlighted that India and the Middle East are becoming central to the global crypto economy.
CoinDCX is a retail-focused platform expanding across multiple Middle Eastern markets. The exchange has strengthened operations following earlier challenges in 2025. Coinbase sees this as validation of CoinDCX’s resilience and growth potential.
The company added that the investment is subject to regulatory approvals and customary closing conditions.
The U.S. exchange maintains local operations and partnerships across the regions. Coinbase emphasizes the importance of accessibility, utility, and trust in crypto services for millions. It plans to collaborate with other builders in India as part of long-term expansion.
CoinDCX’s Role in the Regional Crypto Market
CoinDCX has become a high-growth, financially sound business catering to India’s crypto adoption wave. It offers various crypto products while meeting regulatory standards.
Annualized revenue reached ₹1,179 crore (~$141M USD) as of July 2025. The platform’s growth signals the scale of opportunity for Coinbase and other international crypto players.
The investment underscores Coinbase’s commitment to the region. By aligning with CoinDCX, Coinbase gains both a foothold and operational insight into South Asian crypto markets.
Analysts suggest the move positions the exchange to leverage emerging trends and user growth in the area. The partnership aims to enhance crypto accessibility, strengthen infrastructure, and support regulatory compliance in key markets.
