Coinbase Backs CoinDCX At $2.45 Bn Valuation

Coinbase invested in CoinDCX at a valuation of $2.45 billion through a strategic funding round, reinforcing its stake in the Indian crypto ecosystem. The valuation, one of the highest among Indian crypto exchanges, underlines investor belief in CoinDCX’s growth, regulatory navigation, and product diversification strategies. The funding aims to support institutional infrastructure, security, and expansion efforts.