Coinbase to Invest in India’s CoinDCX, Expand in South Asia and the Middle East

In brief
Coinbase is making a fresh investment in CoinDCX, building on prior investments through Coinbase Ventures, with the deal subject to regulatory approvals.
The deal comes months after CoinDCX weathered a $44.2 million hack in July, which the exchange absorbed from its treasury reserves while dismissing acquisition rumors at the time.
Industry experts view the move as a strategic