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Coinbase Revives India Push With Investment in Nation’s Biggest Crypto Exchange CoinDCX

Coinbase has reinvested in India’s CoinDCX, boosting its valuation to 2.45billion.Credit:GettyImages.KeyTakeawaysCoinbasehasinvestedanundisclosedamountinIndiancryptoexchangeCoinDCX.CoinDCXsvaluationhassurgedto2.45 billion. | Credit: Getty Images. Key Takeaways Coinbase has invested an undisclosed amount in Indian crypto exchange CoinDCX. CoinDCX’s valuation has surged to 2.45 billion, up from 2.14billionin2022.ThedealcomesmonthsafterCoinDCXwashackedfor2.14 billion in 2022. The deal comes months after CoinDCX was hacked for 44 million. Coinbase is quietly strengthening its presence in India. Months after receiving regulatory clearance from the country’s Financial Intelligence Unit, the U ...