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- Coinbase Ventures invested in CoinDCX at a $2.45B valuation.
- CoinDCX’s annual revenues hit $141 million, with $165 billion in transaction volume and $1.2 billion in assets under custody.
- Despite a $44 million theft, Coinbase’s investment indicates confidence in CoinDCX’s ability to navigate regulatory challenges.
Coinbase Ventures, the investment arm of U.S. crypto exchange Coinbase, has invested in CoinDCX, an Indian crypto exchange. The investment, made at a post-money valuation of $2.45 billion, marks a step as Coinbase expands into India and the Middle East.
CoinDCX’s Market Position and Growth
Currently, CoinDCX, with a customer base of more than 20 million in India and the United Arab Emirates, is growing at a high pace. It also increased its growth through the acquisition of BitOasis towards the end of 2024, making it more powerful in the Middle East market. It has been announced by Coinbase that CoinDCX had an annual revenue of $141 million and a transaction volume of over $165 billion by July 2025. The assets that the platform has of value are 1.2 billion.
Coinbase has made India and the Middle East key areas. These markets will also have a big role in the future of crypto, and the company understands that. Coinbase Ventures is aggressively entering this market with a population of more than 1.4 billion individuals in these jurisdictions and 115 million of them in India alone are users of cryptocurrencies.
Although the region has potential that has been on the increase, the Indian government has been skeptical about cryptocurrencies. In August, a Commerce Minister in India expressed doubts about the worth of digital currencies such as Bitcoin because they are not supported by any reliable foundation.
CoinDCX’s Recent Challenges and Future Outlook
The recent investment of CoinDCX is after a turbulent period. The platform was hacked to the tune of 44 million in July 2025, and it cast doubts on the safety of the digital assets in the area. Nevertheless, the funding by Coinbase Ventures is an indication of the trust in the strength of CoinDCX and its capacity to overcome regulatory challenges.
CoinDCX investment falls under the larger scope of Coinbase Ventures to expand its international footprint in the crypto world. Besides CoinDCX, Coinbase Ventures also took part in a number of crypto project funding rounds recently. These are an 8.1 million round in Brazilian fintech Crown, and a 47 million round in payment stablecoin company RedotPay. Bastion, a white-label issuing stablecoin startup, was also led by Coinbase in a 14.6 million funding.