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, offering INR-denominated crypto futures trading.
The exchange has been focusing on educational campaigns to increase crypto knowledge and trading confidence among Indian users.
CoinDCX has positioned itself as a regulated platform, prioritizing regulatory compliance.
Coinbase's investment comes as CoinDCX recovers from a recent $44 million security breach.
Author's summary: Coinbase invests in CoinDCX, India's leading crypto exchange.