PANews reported on October 15th that Coinbase announced an investment in CoinDCX, a cryptocurrency exchange operating in India and the Middle East. This investment builds on Coinbase Ventures' previous investment in CoinDCX. This investment further strengthens Coinbase's presence in the region, where it already has operations and other key local partners. The transaction is subject to regulatory approval and other customary closing conditions.
Coinbase announced it will invest in crypto exchange CoinDCX, pending regulatory approval.
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