Indian crypto exchange CoinDCX has received an undisclosed investment from Coinbase, valuing the company at $2.45 billion post-funding. The investment marks an extension of CoinDCX’s earlier round, reinforcing the long-standing partnership between the two exchanges.
Coinbase has been an investor in CoinDCX since 2020 and had also participated in the company’s $135 million funding round in April 2022, which valued the exchange at over $2 billion. CoinDCX first entered the unicorn club in August 2021 after raising $90 million in its Series C round.
The latest funding will be channelled towards product innovation, on-chain use cases, and global expansion, including markets in the Middle East and North Africa (MENA), where CoinDCX entered through the acquisition of BitOasis in 2024. The company also plans to strengthen its focus on regulatory compliance, security, and crypto education initiatives.
Also Read:- YZi Labs launches $1 billion fund to accelerate BNB Chain ecosystem growth
Founded in 2018, CoinDCX serves over 20 million users in India and offers more than 500 crypto assets and 200 trading pairs across retail and institutional platforms. It operates under the DCX Group, which also includes CoinDCX Ventures and Okto, its Web3 wallet platform that has an active user base of 20 million.
The company has undergone several leadership transitions in 2025. In June, the chief technology officer and head of legal stepped down, followed by the exit of Chief Human Resources Officer Mudita Chauhan and Chief Information Security Officer Sridhar G in September. CoinDCX has since strengthened its leadership by appointing Amol Wanjari as Head of Engineering and Sangeeth Aloysius as Head of Product.
The investment comes at a time when Coinbase has resumed operations in India after a three-year pause. The US-based exchange relaunched on October 3, 2025, through an early access program for select users, following its registration with the Financial Intelligence Unit (FIU) in March 2025 to comply with anti-money laundering (AML) guidelines.
Industry experts view Coinbase’s renewed engagement with CoinDCX as a signal of growing institutional confidence in India’s regulated crypto market. The partnership is expected to enhance the local exchange’s technological capabilities while supporting broader digital asset adoption across emerging markets.
Stay connected with FinanceNeoteric on WhatsApp Channel for expert coverage and in-depth financial stories.
Disclaimer: This post is for general informational purposes only. It does not constitute financial advice. Please consult a qualified professional before making financial decisions.
