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Indian crypto exchange CoinDCX denies report of Coinbase takeover talks

2025-07-29 15:58:31

Indian crypto exchange CoinDCX denies report of Coinbase takeover talks

Main Idea

CoinDCX denied reports that Coinbase Global was in advanced talks to acquire it at a significantly lower valuation than its 2021 peak.

Key Points

1. CoinDCX refuted a report by Mint claiming Coinbase Global was in advanced discussions to acquire it.

2. The reported acquisition valuation was notably lower than CoinDCX's 2021 peak valuation.

Description

More on Coinbase Coinbase: Sell Crypto Legislation (GENIUS Act) Hype Rethinking CONY As Coinbase Rallies - Tactical Use, Not Income Plan Coinbase Is Soaring But My Thesis Has Broken Down (Rating Downgrade) Market Voices: Trump on global tariff rate, Russia; PayPal goes crypto Earnings week ahead: AAPL, MSFT, AMZN, META, BA, XOM, CVX, PFE, MA, V, PYPL, SOFI, and more

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