Coinbase announced it will invest in crypto exchange CoinDCX, pending regulatory approval.

Coinbase has announced an investment in CoinDCX, a crypto 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 approvals and other customary closing conditions.