Coinbase invests in Indian crypto exchange CoinDCX at $2.45 billion valuation

Coinbase Global’s investment follows multiple rounds of investment in the Indian exchange by the firm’s venture capital arm, Coinbase Ventures.
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In April 2022, Coinbase Ventures participated in a $135 million fundraise for CoinDCX, which had valued the firm at $2.15 billion post-money.
As of July 2025, CoinDCX’s annualized group revenue stood at about $141 million, while its overall assets under custody were at $1.2 billion.