Coinbase is pivoting from a dedicated cryptocurrency exchange into a diversified financial powerhouse. Following its "System Update" conference, the company announced a massive expansion of its product suite alongside a strategic regulatory win in the Indian market.
India’s Competition Commission (CCI) has officially approved Coinbase’s acquisition of a minority stake in CoinDCX, one of India's largest crypto platforms. While specific financial terms were not disclosed, previous filings valued CoinDCX at $2.4 billion with annual revenues of approximately $141 million.
This move serves as a foundational step for Coinbase’s planned 2026 re-entry into India, where it aims to launch fiat on-ramps to tap into a massive market of over 1.4 billion people and an estimated 100 million crypto users.
Coinbase is aggressively moving into traditional finance and emerging tech sectors to compete with all-in-one brokerage apps:
Furthering its decentralized footprint, Coinbase confirmed that its Base layer-2 application is now live in over 140 countries. The exchange also announced deeper integrations with the Solana network and expanded access to futures and perpetual contracts for traders in the United States.
December 2025, Cryptoniteuae