COINTURK NEWSCOINTURK NEWSCOINTURK NEWS
  • Crypto Tracker App
  • Bitcoin
  • Altcoin
  • Ethereum
  • Advertise
  • Contact
  • TURTURTUR
  • ESESES
Search
© 2024 COINTURK NEWS. All Rights Reserved.
Reading: Coinbase Makes a Strategic Move With a Major Investment in CoinDCX
Share
Font ResizerAa
COINTURK NEWSCOINTURK NEWS
Font ResizerAa
Search
  • Crypto Tracker App
  • Bitcoin
  • Altcoin
  • Ethereum
  • Advertise
  • Contact
  • TURTURTUR
  • ESESES
Follow US
© 2025 >> COINTURK NEWS
Powered by LK SOFTWARE
COINTURK NEWS > Coinbase > Coinbase Makes a Strategic Move With a Major Investment in CoinDCX
Coinbase

Coinbase Makes a Strategic Move With a Major Investment in CoinDCX

In Brief

  • Coinbase invests in CoinDCX, valuing it at $2.45 billion with regulatory approval.

  • India and the Middle East are key regions in Coinbase's expansion strategy.

  • CoinDCX strengthens security and product roadmap through the new investment.

Fatih Çetin
Fatih Çetin 11 months ago
Share
SHARE

US-based public cryptocurrency exchange Coinbase has announced a new investment in CoinDCX, one of India’s leading cryptocurrency exchanges. Upon completion of the investment, the valuation of CoinDCX is expected to rise to $2.45 billion, pending regulatory approval. The management of Coinbase emphasized that India and surrounding markets will play a pivotal role in shaping the global on-chain economy. This move is set to accelerate the company’s growth plans in the region and is bolstered by CoinDCX’s revenue and assets under management metrics, following its previous valuation of $2.15 billion in 2022.

Contents
Regional Scale and Strategic PositioningBackground of the Agreement

Regional Scale and Strategic Positioning

Coinbase’s new investment commitment is part of its strategy to expand its presence in India and the Middle East. Shan Aggarwal, a senior executive at Coinbase, stated that India and neighboring countries will be pivotal in the future of the on-chain economy; the investment is a tangible extension of this thesis. Although the exact investment amount has not been disclosed, it is reported that the post-closing valuation will be $2.45 billion.

On the CoinDCX front, performance indicators are noteworthy. As of July, the annualized group revenue stood at approximately $141 million, with assets under management reported at $1.2 billion. This growth scale has been confirmed by the new valuation, moving from the $2.15 billion valuation achieved in the $135 million funding round in April 2022.

Background of the Agreement

CoinDCX recently endured a security incident that tested its operational resilience, experiencing a hack worth approximately $44 million. Following the incident, CoinDCX reopened withdrawals while announcing that user assets were secure. This investment is expected to enhance security measures and strengthen the product roadmap. The agreement’s completion is contingent upon the regulatory approval process in India.

1StepSwap
Tokenized Stock
ETH ETH
SOL SOL
BSC BSC
Robinhood ROBINHOOD
PAY
USDT USDT
↓
RECEIVE
AAPL AAPL

Despite uncertainties in the region, investor interest remains robust. TechCrunch, Reuters, and local economic publications have reported that the agreement has been structured as an extension of CoinDCX’s latest funding round, highlighting Coinbase’s increasing share in the region. The announcement on October 15, 2025, aligns with a period of intensified competition in the market scale.

You Might Also Like

Coinbase and Better offer Bitcoin-backed mortgages to US homebuyers

Coinbase and Binance whales block $XRP at $1.50, $1.70, $1.75 and $1.80

Coinbase partners with Chainlink to power tokenized Apple and NVIDIA stocks

Stand With Crypto endorses 32 House members who backed CLARITY Act

Coinbase jumps 18% as Bitcoin rallies and White House backs crypto bill

Fatih Çetin 15 October, 2025 - 11:09 am 15 October, 2025 - 11:09 am
Share This Article
Facebook Twitter
Share
Previous Article French Banking Titan Launches Groundbreaking Stablecoin Tied to the Euro
Next Article Federal Reserve’s Strategy Update Sparks Market Conversations
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Stay Connected

8.1k Like
21.1k Follow
1.1k Follow

Latest News

Ethereum targets $3,500 as ETF inflows hit $824 million
Ethereum (ETH)
Real Trump Coins denies link to Solana-based GOLD token after rapid collapse
GOLD
//

COINTURK was launched in March 2014 by a group of technology enthusiasts who believe that Bitcoin will be as important as the internet in the world of the future thanks to the amazing technology underlying it.

CRYPTOCURRENCY LIVE PRICES

  • Bitcoin (BTC) Live Price
  • Ethereum (ETH) Live Price
  • Ripple (XRP) Live Price
  • Solana (SOL) Live Price
  • Dogecoin (DOGE) Live Price
  • Cardano (ADA) Live Price
  • Chainlink (LINK) Live Price

OUR PARTNERS

  • COINMARKETCAP
  • COINGECKO
  • BITCOINHABER
  • BH NEWS
  • NEWSLINKER

OUR COMPANY

  • About Us
  • Cookie Policy
  • Advertising
  • Contact
COINTURK NEWSCOINTURK NEWS
Follow US
COINTURK NEWS 2026
Welcome Back!

Sign in to your account

Lost your password?