Coinbase Boosts India and middle East Presence with CoinDCX Investment
Coinbase has made a meaningful investment in CoinDCX, India’s leading crypto exchange. This move underscores Coinbase’s commitment to expanding in South Asia and the Middle East.
According to a recent blog post, this investment builds on Coinbase Ventures’ previous involvement in CoinDCX’s funding rounds. It aims to strengthen Coinbase’s presence in regions with over 100 million crypto users.
CoinDCX has over 20 million users and reported $165 billion in annualized trading volume. The exchange has also expanded into the Middle East,offering compliant and user-kind digital asset platforms.
- CoinDCX has 20 million users.
- Annualized trading volume of $165 billion.
- Assets under custody worth $1.2 billion.
In July 2025, CoinDCX faced a security breach, losing $44 million from an internal account. However, customer funds remained safe. The platform quickly recovered, restoring services and absorbing losses from reserves.CEO Sumit Gupta confirmed the business remains profitable and focused on long-term growth.
This resilience likely boosted Coinbase’s confidence in CoinDCX’s fundamentals and governance. The investment comes as India’s crypto sector moves toward formal regulation and increased institutional engagement.
coinbase believes this partnership will make crypto more accessible and trusted in the region. It aligns with Coinbase’s 2025 expansion strategy,which includes ventures in Web3 and AI-integrated finance.
To date, Coinbase has invested over $250 million in India, supporting Web3 infrastructure and regional startups like CoinSwitch Kuber.
