Coinbase is stepping up its game in India with a fresh investment in CoinDCX, showing strong confidence in the country’s fast-growing crypto scene.
CoinDCX is India’s biggest crypto exchange, and this move signals Coinbase’s deeper push into South Asia and the Middle East.
According to a blog post on October 15, this new investment builds on Coinbase Ventures’ earlier support of CoinDCX. Coinbase had already joined its funding rounds, including when CoinDCX hit a $2 billion valuation in 2022. Now, the goal is to strengthen Coinbase’s presence in regions that already have more than 100 million crypto users.
Coinbase expands across South Asia
CoinDCX has built a solid reputation in India with over 20 million users. The company stands out for its focus on innovation, clear regulations, and user trust. As of July 2025, it reported around $165 billion in total trading volume, over $1.2 billion in assets under custody, and $141 million in yearly revenue.
This year, CoinDCX also made big strides in the Middle East, tapping into the growing demand for safe and compliant crypto platforms for everyday users.
CoinDCX’s quick recovery builds trust
Back in July 2025, CoinDCX faced a tough challenge when an internal account breach caused a $44 million loss. Thankfully, no customer funds were affected. The platform acted fast, covering the loss from its own reserves and restoring operations smoothly.
CEO Sumit Gupta later confirmed that the company remained profitable and focused on long-term growth. That kind of resilience likely helped boost Coinbase’s confidence in CoinDCX’s management and systems.
Crypto growth and regulation in India
This investment comes at a time when India’s crypto industry is inching closer to official regulation. With more institutional players showing interest, Coinbase believes this partnership will make crypto “more accessible, useful, and trusted” for people across the region.
Part of a bigger global plan
Coinbase’s latest move fits perfectly with its 2025 expansion strategy. The company is pushing into Web3, AI-powered finance, and recently made major deals like acquiring Deribit for derivatives trading.
So far, Coinbase has invested over $250 million in India, backing Web3 projects and startups such as CoinSwitch Kuber.
In simple terms, Coinbase’s bet on CoinDCX isn’t just about one company — it’s about the future of crypto in one of the world’s fastest-growing digital economies.
