CoinDCX Secures New Funding From Coinbase, Valuation Hits $2.45B

CoinDCX, India’s leading crypto exchange, has announced that Coinbase has agreed to invest in CoinDCX.

The completion of funding, which is subject to regulatory approvals and other customary closing conditions, is an extension to the last fundraise, and once completed, the company’s valuation will stand at $2.45 billion post-money.

This new capital infusion reinforces CoinDCX’s strong position in India’s digital asset space and strengthens its commitment to making crypto accessible in a simple, secure, and compliant manner.

CoinDCX has expanded into the Middle East and North Africa (MENA) region through the acquisition of BitOasis in 2024. The fresh capital will be used to fuel product innovation, drive user growth, expand into new geographies, and deepen educational initiatives.

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