Deciding two connected writ petitions arising from a common Industrial Tribunal Award, the Delhi High Court set aside the Tribunal's direction granting hotel workmen a further…
Coinbase Doubles Down On CoinDCX, Makes Fresh Investment At $2.45 Bn Valuation
Global crypto exchange Coinbase has made a fresh investment in India-based crypto trading platform CoinDCX, reaffirming its confidence in the Indian digital asset ecosystem despite ongoing regulatory uncertainty. The new funding round values CoinDCX at approximately $2.45 billion. The investment will support CoinDCX’s product innovation, security upgrades, and expansion into decentralized finance (DeFi) solutions. This move aligns with Coinbase’s broader strategy of strengthening its presence in emerging markets. CoinDCX has been diversifying into compliance-driven, institutional-grade products to navigate India’s evolving regulatory framework around virtual assets. The investment marks a strong endorsement of India’s crypto potential and positions CoinDCX as a long-term player in shaping the country’s digital asset infrastructure.