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kazani.base.eth 🦂
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Coinbase makes investment in CoinDCX: Expanding our commitment to /india and the Middle East’s crypto future Coinbase is investing in CoinDCX, a leading crypto exchange in India and the Middle East. This investment builds on Coinbase's prior investments in CoinDCX via Coinbase Ventures. India and the Middle East are seen as key regions for the future of crypto due to their large populations and growing tech adoption. /india alone has over 100 million crypto owners, indicating a significant market potential. CoinDCX is a high-growth, financially sound business positioned to capitalize on the regions' growth opportunities. CoinDCX has become a market leader by building trust with users and regulators and expanding its footprint in the Middle East. This investment strengthens Coinbase's presence in the region, where it also has local operations and partners. Coinbase views India and its neighbors as crucial in shaping the future of the global onchain economy. The transaction is subject to regulatory approvals and other customary closing conditions. Coinbase aims to collaborate with CoinDCX and other partners to make crypto more accessible, useful, and trusted in the region. https://www.coinbase.com/en-sg/blog/Coinbase-makes-investment-in-CoinDCX-expanding-our-commitment-to-India-and-the-Middle-Easts-crypto-future
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