New Delhi, Oct. 15 -- American cryptocurrency exchange Coinbase on October 15 said that it is expanding its presence in the India and Middle East markets.

Mint was the first to report in July 2025, that Coinbase was considering investing in CoinDCX. At the time, we reported that the funding could propel the Indian crypto exchange to $2.2 billion.

Now, in a post on LinkedIn, CoinDCX founder Sumit Gupta said the deal values the companyvat $2.45 billion, post-money.

In a statement, Coinbase said that it is "making an investment in CoinDCX, a leading crypto exchange in India and the Middle East, building on our prior investments in CoinDCX via Coinbase Ventures."

The companies did not confirm how much will be invested or the timeline.

"T...