Coinbase Invests $2.45B in India’s CoinDCX Amid Regulatory Uncertainty

Reported 17 days ago

Coinbase has increased its investment in India's CoinDCX, raising the exchange's valuation to $2.45 billion, despite ongoing regulatory uncertainties in the country. This funding will support CoinDCX's growth and efforts to enhance its product offerings and user base. The investment is part of Coinbase's commitment to expanding its presence in key markets like India, which, despite regulatory challenges, holds significant potential for digital asset growth.

Source: YAHOO

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