Coinbase Invests in Indian Crypto Exchange CoinDCX, Valued at $2.45B
Coinbase Ventures has invested in CoinDCX, India's largest cryptocurrency exchange, valuing it at $2.45 billion. This strategic move underscores Coinbase's commitment to expanding in India and the Middle East, reflecting the growing demand for cryptocurrencies in these regions. The investment is expected to enhance regulatory compliance and boost market confidence, paving the way for further innovations in India's crypto landscape.
Coinbase Invests in Indian Crypto Exchange CoinDCX, Valued at $2.45B
Coinbase Ventures has invested in CoinDCX, India's largest cryptocurrency exchange, valuing it at $2.45 billion. This strategic move underscores Coinbase's commitment to expanding in India and the Middle East, reflecting the growing demand for cryptocurrencies in these regions. The investment is expected to enhance regulatory compliance and boost market confidence, paving the way for further innovations in India's crypto landscape.
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