Coinbase invests in Indian crypto exchange CoinDCX at $2.45 billion valuation

Synopsis

Coinbase is strategically expanding its horizons with a fresh investment in CoinDCX, an Indian crypto exchange, now boasting a valuation of $2.45 billion. This investment marks a continuation of their partnership, following an initial investment in April 2022. With CoinDCX revealing impressive figures of $141 million in annualized revenue and $1.

Cryptocurrency exchange Coinbase Global said on Wednesday it had made an investment in CoinDCX, which the Indian crypto exchange said values it at a post-money valuation of $2.45 billion.

Coinbase Global’s investment follows multiple rounds of investment in the Indian exchange by the firm’s venture capital arm, Coinbase Ventures.

In April 2022, Coinbase Ventures participated in a $135 million fundraise for CoinDCX, which had valued the firm at $2.15 billion post-money.

Crypto TrackerTOP COINS (₹) Ethereum363,549 (-0.36%)Tether88 (-0.51%)Bitcoin9,928,953 (-1.08%)XRP220 (-2.3%)BNB106,886 (-4.75%)As of July 2025, CoinDCX’s annualized group revenue stood at about $141 million, while its overall assets under custody were at $1.2 billion.

Add as a Reliable and Trusted News Source Add Now! “We believe India and its neighbors will help shape the future of the global on-chain economy. This transaction is subject to regulatory approvals and other customary closing conditions,” Shan Aggarwal, chief business officer at Coinbase, said in a statement announcing the investment.

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