Coinbase Global Inc. is seeking approval from the Competition Commission of India (CCI) to purchase a minority stake in DCX Global, the parent company of one of India's largest cryptocurrency exchanges, CoinDCX. This move signals Coinbase's intent to deepen its presence and investment in the Indian crypto market, a region with substantial growth potential. The exact size of the stake and the investment amount for this specific transaction have not been disclosed. This is not Coinbase's first investment in the Indian exchange, as the U.S. platform has previously participated in funding rounds for CoinDCX. The application to the CCI indicates a more formal step towards solidifying its strategic partnership. This effort aligns with Coinbase's broader strategy of global expansion and establishing a strong foothold in key international markets. No immediate market reaction or analysis regarding this specific announcement was available.