Coinbase announced a strategic investment in CoinDCX, India’s leading crypto exchange, signaling increased ambition in one of the world’s fastest-growing digital asset markets.
The move comes as India’s crypto user base surpasses 100 million while regulatory attention intensifies.
Coinbase Taps India’s Crypto Market With CoinDCX InvestmentCoinbase has deepened its presence in South Asia by confirming a strategic investment in CoinDCX, the largest crypto exchange in India and the Middle East.
CoinDCX serves more than 20.4 million users, with over $1.2 billion in assets under custody. This partnership allows both companies to capitalize on a region already exceeding 100 million crypto owners.
There are 100M+ crypto owners in India and the Middle East. And that’s growing, fast.
We're excited to expand our presence in these regions through a new investment into India's leading exchange, @CoinDCX. pic.twitter.com/4anCrwiK5o