Coinbase Invests in India’s CoinDCX at $2.45 Billion Valuation
Coinbase Global, one of the world’s leading cryptocurrency exchanges, has made a new investment in CoinDCX, India’s largest digital asset exchange. The latest funding round values CoinDCX at a post-money valuation of $2.45 billion, according to a joint announcement made on Wednesday.
The investment marks a significant milestone in Coinbase’s ongoing efforts to expand its influence across the Asian crypto market, particularly in India — a country seen as pivotal to the future of the global on-chain economy.
Strengthening Coinbase’s Presence in Asia
This latest investment follows multiple prior funding rounds led by Coinbase Ventures, the venture capital arm of Coinbase Global. In April 2022, Coinbase Ventures participated in a $135 million funding round that valued CoinDCX at $2.15 billion.
As of July 2025, CoinDCX reported annualised group revenue of approximately $141 million and assets under custody totalling $1.2 billion, underscoring its position as one of India’s most trusted crypto platforms.
Strategic Vision for the On-Chain Economy
Commenting on the deal, Shan Aggarwal, Chief Business Officer at Coinbase, emphasised the importance of India in shaping the next chapter of global blockchain innovation:
“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,” Aggarwal said.
The partnership aligns with Coinbase’s broader vision to support regulatory-compliant crypto growth in emerging markets, driving digital adoption while fostering innovation in blockchain-based financial systems.
CoinDCX: India’s Rising Crypto Powerhouse
Since its founding, CoinDCX has established itself as a leader in India’s crypto ecosystem, offering a secure, transparent, and user-friendly platform for both retail and institutional investors. Despite evolving crypto regulations in India, CoinDCX has continued to expand its product offerings, focusing on DeFi integration, stablecoin adoption, and on-chain asset management.
The fresh investment from Coinbase further solidifies CoinDCX’s role as a key player in India’s digital asset industry, enhancing liquidity, compliance, and cross-border crypto access.
A New Chapter in Global Crypto Collaboration
Coinbase’s renewed investment underscores a strategic alignment between U.S. and Indian crypto innovators, signalling growing confidence in the long-term viability of regulated digital asset markets in South Asia.
As regulatory clarity continues to evolve, partnerships like this could pave the way for broader institutional adoption, cross-border blockchain innovation, and inclusive participation in the global crypto economy.
