Coinbase put money for CoinDCX, value di exchange for $2.45B

Coinbase don put money for CoinDCX, wey make d value of d Indian exchange jump from $2.15 billion to $2.45 billion. Dis money show say Coinbase dey serious about responsible innovation for Asia crypto market plus e come after dem win license for Singapore and Dubai. CoinDCX, wey dem start for 2018, get over 20 million users. Dem report say their yearly revenue na ₹11.79 billion (~$133 million), transaction volume na ₹13.7 trillion (~$154.6 billion) and client assets pass ₹100 billion (~$1.12 billion). Di fresh money go help grow users, expand to new places and run education programs. After $44 million security problem for July, CoinDCX launch $11 million bounty to find who go help recover. Coinbase invest for CoinDCX as part of bigger plan to push Asia onchain economy. Dem buy derivatives platform Deribit so dat dem fit offer Bitcoin and Ethereum spot, futures and options for one platform. Separate shares for prediction market Kalshi ($300M Series D with $5B valuation) and Coinflow ($25M Series A) show how dem dey focus on stablecoin infrastructure and regulated exchanges.