Coinbase has announced a new investment in CoinDCX, one of the leading cryptocurrency exchanges in India and the Middle East.
The move is said to expand the company’s commitment to two of the world’s fastest-growing cryptocurrency markets.
The investment builds on previous funding rounds from Coinbase Ventures and underscores the company’s confidence in the region’s role in shaping the “future global onchain economy.”
CoinDCX, which focuses on retail trading, has grown rapidly to serve more than 20.4 million users. As of July 2025, it reported annual group revenue of Rs 1,179 crore ($141 million), transaction volume of Rs 13.7 crore ($165 billion), and assets under custody exceeding Rs 10,000 crore ($1.2 billion). The stock exchange has also expanded its operations throughout the Middle East.
“With over 1.4 billion people, high technology adoption, and over 100 million cryptocurrency owners, India and the Middle East are set to play a huge role in the future of cryptocurrencies,” Coinbase said.
Coinbase, which already operates in the region and cooperates with several local companies, said the move reinforces its long-term strategy to support builders and increase access to reliable infrastructure for digital assets.
The transaction remains subject to regulatory approvals and customary closing conditions.