Coinbase announced an investment in CoinDCX, a cryptocurrency exchange operating in India and the Middle East. The company previously made an early investment in the company through Coinbase Ventures. The specific investment amount was undisclosed. Coinbase stated that this investment will further strengthen its presence in the Indian and Middle Eastern markets. The transaction is subject to regulatory approvals and customary closing conditions. As of July 2025, CoinDCX had annual group revenue of 1,179 crore rupees (approximately US$141 million), annual trading volume of 13.7 lakh crore rupees (approximately US$165 billion), assets under custody exceeding 10,000 crore rupees (approximately US$1.2 billion), and over 20.4 million users.