Coinbase Invests in CoinDCX, Expanding Crypto Influence in India and Middle East
October 15, 2025
India's regulatory environment remains fluid, with signs of increased government openness and exploration of CBDC pilots, emphasizing the importance of security, transparency, and user education to foster trust and adoption.
This partnership aims to improve user experience through enhanced security, advanced products, and institutional services, which could lead to increased market share in the region.
Coinbase has invested in CoinDCX, a leading Indian crypto exchange, as part of its expansion into India and the Middle East, signaling confidence in the region's growing on-chain economy.
As of July 2025, CoinDCX reported impressive metrics, including approximately $141 million in annualized revenue, transaction volumes of $165 billion, assets under custody exceeding $1.2 billion, and over 20 million users.
The investment is pending regulatory approval and other closing conditions, with the deal potentially inspiring similar regional partnerships among global exchanges.
Despite skepticism from Indian authorities about cryptocurrencies, the large and profitable market continues to attract institutional interest, and clearer regulations are expected to benefit the industry.
The deal follows CoinDCX's recovery from a recent hack and is part of Coinbase's strategic efforts to deepen its presence in India, with engagement at high levels of government to support blockchain initiatives.
Despite cyberattacks, CoinDCX remains focused on growth and innovation, with plans to support India’s emergence as a Web3 leader.
Overall, Coinbase's regional investments reflect a broader trend of institutional interest in emerging markets, with traders advised to monitor regional developments, market volumes, and sentiment indicators.
Coinbase's CEO Brian Armstrong has publicly addressed concerns about Bitcoin ETF management, dismissed the SEC lawsuit, and predicted Bitcoin could reach $1 million by 2030 due to regulatory clarity and institutional inflows.
This move could increase retail participation and demand in major cryptocurrencies, creating trading opportunities and bullish movements in assets like BTC, ETH, and regional tokens such as Solana and Polygon.
Coinbase is also preparing for its Q3 earnings amid a market rally, with Bitcoin nearing its all-time high, which could positively influence its stock performance.
Coinbase recently acquired Deribit, a derivatives exchange specializing in Bitcoin and Ethereum options and futures, aiming to offer a comprehensive trading platform.
Summary based on 43 sources
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Sources

TechCrunch • Oct 15, 2025
Coinbase boosts investment in India’s CoinDCX, valuing exchange at $2.45B
Bloomberg • Oct 15, 2025
Coinbase Backs India’s CoinDCX at $2.45 Billion Valuation
Entrepreneur Media India • Oct 15, 2025
India's Crypto Sector Eyes a Boot with Coinbase's Renewed Focus, Investment in CoinDCX
Entrepreneur Media India • Oct 15, 2025
CoinDCX Receives Fresh Investment from Coinbase at USD 2.45 Bn Valuation