On October 15, 2025, Coinbase Global Inc. announced a strategic investment in CoinDCX, a prominent cryptocurrency exchange in India and the Middle East. This move builds upon previous investments made through Coinbase Ventures and signals a deeper commitment to these rapidly growing crypto markets. Coinbase highlighted the significant potential of the regions, citing a combined population of over 1.4 billion people, increasing technology adoption, and a substantial existing crypto owner base of over 100 million. CoinDCX is presented as a high-growth, financially sound market leader, with an annualized group revenue of approximately $141 million USD, annualized transaction volumes of about $165 billion USD, and over $1.2 billion in assets under custody as of July 2025. The platform serves over 20.4 million users. This investment is part of Coinbase's broader strategy to establish a strong presence in India and the Middle East, which it believes will be pivotal in shaping the future of the global onchain economy. The transaction is subject to regulatory approvals.