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Coinbase Expands Reach in India and the Middle East via CoinDCX Partnership

Arry Hashemi
Arry Hashemi
Oct. 16, 2025
The Coinbase investment in CoinDCX has come to light and it is a fresh interest in the rapidly growing digital asset markets of the Indian subcontinent and the Middle East. It comes after Coinbase's venture arm funded CoinDCX previously and it signifies confidence in the long term sustainability of the exchange and its regional leadership.
IndiaCoinbase doubles down on India–Middle East corridor with CoinDCX partnership. (Shutterstock)
The investment, according to Coinbase, cements its view that the Middle East and India are the world's key enablers of the next wave in the crypto adoption process. The company's remarks see that the high levels of digital penetration, consistently favorable regulations, and robust economic foundations have guaranteed that the two are at the forefront in building the onchain economy.

The company, which started its journey with a store-oriented platform in India, increased the scope of its operations in the Middle East and now stands as a regional marketplace for digital asset solutions. The size of the company's business tells the story of the speed with which its operations have grown: up to July 2025, for example, annualized group revenue was about $141 million (₹1,179 crore), volume of transactions over its range of products about $165 billion (₹13.7 lakh crore), and assets in custody more than about $1.2 billion (₹10,000 crore). The user base for the platform now stands at more than 20 million.

Coinbase cited CoinDCX's retention of confidence among users and regulators as the key reason behind its renewed investment. The growth of the exchange, it explained, shows the potential for local platforms to grow sustainably while operating in a dynamic and multifaceted policy environment. Coinbase went on to state that CoinDCX's advancement, including its surmounting of operating issues in the early part of 2025, has secured its confidence in the company's leadership and future direction.

Beyond the capital investment, Coinbase framed the collaboration in regional terms. The company operates and partners domestically throughout India and the Middle East, and the recent investment is an extension of that regional hub. Through partnerships with the best exchanges and infrastructure providers, Coinbase aims to make the digital assets "more accessible, more useful, and more trusted" in the minds of millions of new users in the developing markets.

The deal is still pending regulatory clearance and usual close conditions, Coinbase stressed in its release. Though no further information was revealed regarding the investment amount and structure of equity, the release suggests an ongoing convergence of the two businesses' intentions, specifically in building compliance, consumer safeguards, and industry cooperation.

This growth for Coinbase is also a reiteration of its global focus and appreciation of the region's economic and demographic promise. India alone accommodates more than 1.4 billion people and over 100 million crypto users, estimates cited in the company communication say. The Middle East is also steadily attracting worldwide acclaim for its plans for digital transformation and forward-thinking regulatory frameworks conducive to innovation with the help of blockchains.

By linking these markets, Coinbase envisions a regional innovation corridor linking the technology ecosystem of South Asia and the infrastructure and capital capabilities of the Gulf. Its sales pitch is that the future chapter in the global growth of crypto may not be in the West, but rather secured through new partnerships in Asia and the Middle East.

Coinbase stated that it shall also strive for partnerships with local builders, regulators, and innovators in order to facilitate sustainable and reliable crypto adoption. The corporation defined its continued dedication to India and its neighbors as the bedrock of its worldwide approach towards building onchain access. In the words of Coinbase, the company was eagerly looking forward to teaming up with CoinDCX and other regional partners and making the crypto more accessible, more useful, and more trustworthy among the millions of people.