Why coinbase Is Trending Today?

Explore key developments that caused coinbase to trend — updated as the story unfolds.

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October 16, 2025 at 5:00 AM
Coinbase, a leading cryptocurrency exchange, has invested in CoinDCX, India's largest crypto exchange, valuing the company at $2.45 billion. This investment marks Coinbase's expansion into the Indian market, which has seen a significant boom in crypto trading, with a retail market valued at $6.4 billion. CoinDCX, with its user-friendly platform and wide range of cryptocurrencies, has attracted Coinbase's interest as a strategic partner in the region. The investment is not a step towards a merger, according to CoinDCX CEO, but rather a move to strengthen Coinbase's presence in the Indian market and support its growth in the Middle East.