Financial and Business News

India’s Retail Crypto Market Draws Coinbase Investment in CoinDCX

Wednesday, 15/10/2025 | 12:27 GMT by Tareq Sikder
  • CoinDCX, with 20 million users, secures Coinbase backing amid $165B transactions.
  • Middle East crypto growth also brings Coinbase, subject to regulatory approvals and closing conditions.
India-crypto

Coinbase has announced an investment in CoinDCX, a cryptocurrency exchange operating in India and the Middle East. This follows previous investments made through Coinbase Ventures. The transaction is subject to regulatory approvals and other customary closing conditions.

CoinDCX Expands Across Middle East Markets

CoinDCX is a retail-focused platform that has expanded across the Middle East. As of July 2025, the exchange reported annualized group revenue of approximately $141 million, annualized transaction volumes of around $165 billion, and assets under custody exceeding $1.2 billion. The platform serves more than 20.4 million users.

Digital assets meet tradfi in London at the fmls25

Coinbase Eyes Collaboration

The investment reflects Coinbase’s interest in the growth potential of India and the Middle East, regions with over 1.4 billion people, rising technology adoption, and more than 100 million cryptocurrency owners.

“We’ll continue looking for opportunities to collaborate with builders across India as we expand our international footprint,” Coinbase stated.

CoinDCX Acquires BitOasis

In July last year, CoinDCX acquired BitOasis, a virtual asset trading platform operating in the Middle East and North Africa region.

BitOasis, known for significant trading volumes in Emirati dirhams, obtained a Minimum Viable Product Operational License from the Virtual Assets Regulatory Authority of the Central Bank of Bahrain. This license allows BitOasis to operate as a broker-dealer under regulatory supervision.

CoinDCX stated that BitOasis will continue to operate independently under its current licenses. User accounts on both platforms will remain separate, and the acquisition is expected to expand trading options and product offerings.

Coinbase has announced an investment in CoinDCX, a cryptocurrency exchange operating in India and the Middle East. This follows previous investments made through Coinbase Ventures. The transaction is subject to regulatory approvals and other customary closing conditions.

CoinDCX Expands Across Middle East Markets

CoinDCX is a retail-focused platform that has expanded across the Middle East. As of July 2025, the exchange reported annualized group revenue of approximately $141 million, annualized transaction volumes of around $165 billion, and assets under custody exceeding $1.2 billion. The platform serves more than 20.4 million users.

Digital assets meet tradfi in London at the fmls25

Coinbase Eyes Collaboration

The investment reflects Coinbase’s interest in the growth potential of India and the Middle East, regions with over 1.4 billion people, rising technology adoption, and more than 100 million cryptocurrency owners.

“We’ll continue looking for opportunities to collaborate with builders across India as we expand our international footprint,” Coinbase stated.

CoinDCX Acquires BitOasis

In July last year, CoinDCX acquired BitOasis, a virtual asset trading platform operating in the Middle East and North Africa region.

BitOasis, known for significant trading volumes in Emirati dirhams, obtained a Minimum Viable Product Operational License from the Virtual Assets Regulatory Authority of the Central Bank of Bahrain. This license allows BitOasis to operate as a broker-dealer under regulatory supervision.

CoinDCX stated that BitOasis will continue to operate independently under its current licenses. User accounts on both platforms will remain separate, and the acquisition is expected to expand trading options and product offerings.

Topics
coinbase
crypto
india
CoinDCX
About the Author: Tareq Sikder
Tareq Sikder
  • 1989 Articles
  • 32 Followers
A Forex technical analyst and writer who has been engaged in financial writing for 12 years.

More from the Author

CryptoCurrency

Marketing in 2026 Audiences, Costs, and Smarter AI

Marketing in 2026 Audiences, Costs, and Smarter AI

As brokers eye B2B business and compete with fintechs and crypto exchanges alike, marketers need to act wisely with often limited budgets. AI can offer scalable solutions, but only if used properly. Join seasoned marketing executives and specialists as they discuss the main challenges they identify in financial services in 2026 and how they address them. Attendees of this session will walk away with: - A nuts-and-bolts account of acquisition costs across platforms and geos - Analysis of today’s multi-layered audience segments and differences in behaviour - First-hand account of how global brokers balance consistency and local flavour - Notes from the field about intelligently using AI and automation in marketing Speakers: -Yam Yehoshua, Editor-In-Chief at Finance Magnates -Federico Paderni, Managing Director for Growth Markets in Europe at X -Jo Benton, Chief Marketing Officer, Consulting | Fractional CMO -Itai Levitan, Head of Strategy at investingLive -Roberto Napolitano, CMO at Innovate Finance -Tony Cross, Director at Monk Communications #fmls #fmls25 #fmevents #FintechMarketing #AI #DigitalStrategy #Fintech #Innovation Connect with us at: 🔗 LinkedIn: / financemagnates-events 👍 Facebook: / financemagnatesevents 📸 Instagram: / fmevents_official 🐦 Twitter: / f_m_events 🎥 TikTok: / fmevents_official

As brokers eye B2B business and compete with fintechs and crypto exchanges alike, marketers need to act wisely with often limited budgets. AI can offer scalable solutions, but only if used properly. Join seasoned marketing executives and specialists as they discuss the main challenges they identify in financial services in 2026 and how they address them. Attendees of this session will walk away with: - A nuts-and-bolts account of acquisition costs across platforms and geos - Analysis of today’s multi-layered audience segments and differences in behaviour - First-hand account of how global brokers balance consistency and local flavour - Notes from the field about intelligently using AI and automation in marketing Speakers: -Yam Yehoshua, Editor-In-Chief at Finance Magnates -Federico Paderni, Managing Director for Growth Markets in Europe at X -Jo Benton, Chief Marketing Officer, Consulting | Fractional CMO -Itai Levitan, Head of Strategy at investingLive -Roberto Napolitano, CMO at Innovate Finance -Tony Cross, Director at Monk Communications #fmls #fmls25 #fmevents #FintechMarketing #AI #DigitalStrategy #Fintech #Innovation Connect with us at: 🔗 LinkedIn: / financemagnates-events 👍 Facebook: / financemagnatesevents 📸 Instagram: / fmevents_official 🐦 Twitter: / f_m_events 🎥 TikTok: / fmevents_official
More Videos

  • Fail Better Trading Tech to Tackle Industry Risks

    Fail Better Trading Tech to Tackle Industry Risks

    Much like their traders in the market, brokers must diversify to manage risk and stay resilient. But that can get costly, clunky, and lengthy. This candid panel brings together builders across the trading infrastructure space to uncover the shifting dynamics behind tools, interfaces, and full-stack ambitions. Attendees will hear: -Why platform dependency has become one of the most overlooked risks in the trading business? -Buy vs. build: What do hybrid models look like, and why are industry graveyards filled with failed ‘killer apps’? -How AI is already changing execution, risk, and reporting—and what’s next? -Which features, assets, and tools gain the most traction, and where brokers should look for tech-driven retention? Speakers: -Stephen Miles, Chief Revenue Officer at FYNXT -John Morris, Co-Founder at FXBlue -Matthew Smith, Group Chair & CEO at EC Markets -Tom Higgins, Founder & CEO at Gold-i -Gil Ben Hur, Founder at 5% Group #fmls #fmls25 #fmevents #Brokers #Trading #Fintech #FintechInnovation #TradingTechnology #Innovation Connect with us at: 🔗 LinkedIn: / financemagnates-events 👍 Facebook: / financemagnatesevents 📸 Instagram: / fmevents_official 🐦 Twitter: / f_m_events 🎥 TikTok: / fmevents_official

    Much like their traders in the market, brokers must diversify to manage risk and stay resilient. But that can get costly, clunky, and lengthy. This candid panel brings together builders across the trading infrastructure space to uncover the shifting dynamics behind tools, interfaces, and full-stack ambitions. Attendees will hear: -Why platform dependency has become one of the most overlooked risks in the trading business? -Buy vs. build: What do hybrid models look like, and why are industry graveyards filled with failed ‘killer apps’? -How AI is already changing execution, risk, and reporting—and what’s next? -Which features, assets, and tools gain the most traction, and where brokers should look for tech-driven retention? Speakers: -Stephen Miles, Chief Revenue Officer at FYNXT -John Morris, Co-Founder at FXBlue -Matthew Smith, Group Chair & CEO at EC Markets -Tom Higgins, Founder & CEO at Gold-i -Gil Ben Hur, Founder at 5% Group #fmls #fmls25 #fmevents #Brokers #Trading #Fintech #FintechInnovation #TradingTechnology #Innovation Connect with us at: 🔗 LinkedIn: / financemagnates-events 👍 Facebook: / financemagnatesevents 📸 Instagram: / fmevents_official 🐦 Twitter: / f_m_events 🎥 TikTok: / fmevents_official

  • Educators, IBs, And Other Regional Growth Drivers

    Educators, IBs, And Other Regional Growth Drivers

    When acquisition costs rise and AI generated reviews are exactly as useful as they sound, performing and fair partners can make or break brokers. This session looks at how these players are shaping access, trust and user engagement, and what the most effective partnership models look like in 2025. Key Themes: - Building trader communities through education and local expertise - Aligning broker incentives with long-term regional strategies - Regional regulation and the realities of compliant acquisition - What’s next for performance-driven partnerships in online trading Speakers: -Adam Button, Chief Currency Analyst at investingLive -Zander Van Der Merwe, Key Individual & Head of Sales at TD Markets -Brunno Huertas, Regional Manager – Latin America at Tickmill -Paul Chalmers, CEO at UK Trading Academy #fmls #fmls25 #fmevents #Brokers #FinanceLeadership #Trading #Fintech #BrokerGrowth #FintechPartnerships #RegionalMarkets Connect with us at: 🔗 LinkedIn: / financemagnates-events 👍 Facebook: / financemagnatesevents 📸 Instagram: / fmevents_official 🐦 Twitter: / f_m_events 🎥 TikTok: / fmevents_official

    When acquisition costs rise and AI generated reviews are exactly as useful as they sound, performing and fair partners can make or break brokers. This session looks at how these players are shaping access, trust and user engagement, and what the most effective partnership models look like in 2025. Key Themes: - Building trader communities through education and local expertise - Aligning broker incentives with long-term regional strategies - Regional regulation and the realities of compliant acquisition - What’s next for performance-driven partnerships in online trading Speakers: -Adam Button, Chief Currency Analyst at investingLive -Zander Van Der Merwe, Key Individual & Head of Sales at TD Markets -Brunno Huertas, Regional Manager – Latin America at Tickmill -Paul Chalmers, CEO at UK Trading Academy #fmls #fmls25 #fmevents #Brokers #FinanceLeadership #Trading #Fintech #BrokerGrowth #FintechPartnerships #RegionalMarkets Connect with us at: 🔗 LinkedIn: / financemagnates-events 👍 Facebook: / financemagnatesevents 📸 Instagram: / fmevents_official 🐦 Twitter: / f_m_events 🎥 TikTok: / fmevents_official

  • The Leap to Everything App: Are Brokers There Yet?

    The Leap to Everything App: Are Brokers There Yet?

    As the arms race to bundle investing, personal finance, and wallets under super apps grows fiercer, brokers are caught between a rock and a hard place. This session explores unexpected ways for industry players to collaborate as consumer habits evolve, competitors eye the traffic, and regulation becomes more nuanced. Speakers: -Laura McCracken,CEO | Advisory Board Member at Blackheath Advisors | The Payments Association -Slobodan Manojlović,Vice President | Lead Software Engineer at JP Morgan Chase & Co. -Jordan Sinclair, President at Robinhood UK -Simon Pelletier, Head of Product at Yuh Gerald Perez, CEO at Interactive Brokers UK #fmls #fmls25 #fmevents #Brokers #FinanceLeadership #Trading #Fintech #Innovation Connect with us at: 🔗 LinkedIn: / financemagnates-events 👍 Facebook: / financemagnatesevents 📸 Instagram: / fmevents_official 🐦 Twitter: / f_m_events 🎥 TikTok: / fmevents_official

    As the arms race to bundle investing, personal finance, and wallets under super apps grows fiercer, brokers are caught between a rock and a hard place. This session explores unexpected ways for industry players to collaborate as consumer habits evolve, competitors eye the traffic, and regulation becomes more nuanced. Speakers: -Laura McCracken,CEO | Advisory Board Member at Blackheath Advisors | The Payments Association -Slobodan Manojlović,Vice President | Lead Software Engineer at JP Morgan Chase & Co. -Jordan Sinclair, President at Robinhood UK -Simon Pelletier, Head of Product at Yuh Gerald Perez, CEO at Interactive Brokers UK #fmls #fmls25 #fmevents #Brokers #FinanceLeadership #Trading #Fintech #Innovation Connect with us at: 🔗 LinkedIn: / financemagnates-events 👍 Facebook: / financemagnatesevents 📸 Instagram: / fmevents_official 🐦 Twitter: / f_m_events 🎥 TikTok: / fmevents_official

  • Mind The Gap: Can Retail Investors Save the UK Stock Market?

    Mind The Gap: Can Retail Investors Save the UK Stock Market?

    As the dire state of listing and investment in the UK goes from a financial services problem to a national challenge, the retail investing industry is taken to task. Join a host of executives and experts for a candid conversation about the future of millions of Brits, as seen from a financial services standpoint: -Are they happy with the Leeds Reform, in principle and in practice? -Is it the government’s job to affect the ‘saver’ mentality? Is it doing well? -What can brokers and fintechs do to spur UK investment? -How can the FCA balance greater flexibility with consumer protection? Speakers: -Adam Button, Chief Currency Analyst at investingLive -Nicola Higgs, Partner at Latham & Watkins -Dan Lane, Investment Content Lead at Robinhood UK -Jack Crone, PR & Public Affairs Lead at IG -David Belle, Founder at Fink Money #fmls #fmls25 #fmevents #Brokers #FinanceLeadership #Trading #Fintech #RetailInvesting #UKFinance Connect with us at: 🔗 LinkedIn: / financemagnates-events 👍 Facebook: / financemagnatesevents 📸 Instagram: / fmevents_official 🐦 Twitter: / f_m_events 🎥 TikTok: / fmevents_official

    As the dire state of listing and investment in the UK goes from a financial services problem to a national challenge, the retail investing industry is taken to task. Join a host of executives and experts for a candid conversation about the future of millions of Brits, as seen from a financial services standpoint: -Are they happy with the Leeds Reform, in principle and in practice? -Is it the government’s job to affect the ‘saver’ mentality? Is it doing well? -What can brokers and fintechs do to spur UK investment? -How can the FCA balance greater flexibility with consumer protection? Speakers: -Adam Button, Chief Currency Analyst at investingLive -Nicola Higgs, Partner at Latham & Watkins -Dan Lane, Investment Content Lead at Robinhood UK -Jack Crone, PR & Public Affairs Lead at IG -David Belle, Founder at Fink Money #fmls #fmls25 #fmevents #Brokers #FinanceLeadership #Trading #Fintech #RetailInvesting #UKFinance Connect with us at: 🔗 LinkedIn: / financemagnates-events 👍 Facebook: / financemagnatesevents 📸 Instagram: / fmevents_official 🐦 Twitter: / f_m_events 🎥 TikTok: / fmevents_official