Image Courtesy: CoinDCX

October 15, 2025 — Mumbai, India: CoinDCX, one of India’s largest and most trusted cryptocurrency exchanges, has announced that Coinbase — a global leader in the onchain economy — has entered into an agreement to invest in the company. The transaction, which is subject to regulatory approvals and customary closing conditions, values CoinDCX at $2.45 billion post-money.

This new investment is an extension of CoinDCX’s previous fundraising round and marks a significant milestone in the company’s mission to build a compliant, future-ready, and globally trusted crypto platform across India, the UAE, and beyond.

Expanding Global Footprint

CoinDCX’s co-founders, Sumit Gupta and Neeraj Khandelwal, highlighted that the company’s journey from a homegrown Indian startup to a global Web3 brand has been driven by “grit, customer focus, and relentless innovation.”

Over the years, CoinDCX has:

• Expanded to the Middle East through the acquisition of BitOasis,

• Launched the Okto suite of Web3 products, and

• Grown to serve over 20 million customers across India and the UAE.

The fresh capital will be used to accelerate CoinDCX’s expansion, strengthen operations in existing markets, enter new geographies, and launch new Web3 products, all while reinforcing its focus on compliance, transparency, and user trust.

Coinbase’s Continued Confidence

Coinbase has been an investor in CoinDCX since 2020. This latest investment, the company stated, represents “more than just capital” — it reflects a shared conviction in the growth potential of India and the Middle East in the global onchain economy.

Both companies view this partnership as a strategic step toward fostering responsible crypto adoption and building a secure, regulated ecosystem for digital assets across emerging markets.

Looking Ahead

Sumit Gupta expressed gratitude to CoinDCX’s team, investors, and community, crediting their dedication and resilience for helping the company achieve this milestone.

“You’ve built not just a business, but a brand that stands for trust, integrity, and long-term thinking. This investment is a testament to your hard work and conviction,” he said.

CoinDCX reaffirmed its commitment to leading the Web3 movement responsibly and continuing to innovate for global accessibility, security, and compliance.

“The best of CoinDCX and Web3 is yet to come,” Gupta added.