🚨 Breaking News: Coinbase is making a big move in Asia by investing in Indian crypto exchange CoinDCX. The exchange, valued at $2.45B post-money, has 20M+ users and handles $165B in annual transactions. Coinbase says India and the Middle East are key to crypto’s future, and this deal shows they’re serious about the region. The investment is still pending regulatory approval.
CoinDCX has grown fast since 2018, though it faced a $44M exploit in July. This partnership signals that Coinbase is doubling down on Asia as the next big hub for crypto.
Do you think India can become the next global crypto hub? 🇮🇳🔥
#Coinbase #CoinDCX #CryptoIndia #Web3