Coinbase Pumps Fresh Capital into CoinDCX, Valuing It at $2.45 Billion

Coinbase increased investment in Indian crypto exchange CoinDCX, valuing it at $2.45 billion. This funding will drive expansion in India and the Middle East. CoinDCX acquired BitOasis and targets 30% Middle East revenue by 2026, reducing India regulatory dependency. Coinbase’s investment signals confidence in India’s crypto market ahead of its relaunch. The funding strengthens CoinDCX against competitors like WazirX and CoinSwitch, supporting global growth ambitions.