Coinbase has announced an investment in CoinDCX, a leading cryptocurrency exchange in India.
CoinDCX is a regulated platform, registered with India's Financial Intelligence Unit, and offers INR-denominated crypto futures trading.
CoinDCX has positioned itself as a regulated platform, offering accessible entry for users in the growing Indian market.
The investment comes after CoinDCX recovered from a $44 million security breach, and as the exchange continues to support the growing Indian market.
Author's summary: Coinbase invests in CoinDCX, India's leading crypto exchange.