Reported 17 days ago
Coinbase has invested in the Indian cryptocurrency exchange CoinDCX, which is now valued at $2.45 billion post-money. This investment follows previous funding from Coinbase Ventures, which had participated in a $135 million fundraising in April 2022, valuing CoinDCX at $2.15 billion. As of July 2025, CoinDCX reported an annualized revenue of $141 million and assets under custody of $1.2 billion. The investment is subject to regulatory approvals.
Source: YAHOO