The Competition Commission of India (CCI) has approved the proposed combination involving the acquisition of minority shareholding in DCX Global Limited by Coinbase Global Inc. Coinbase, incorporated in the United States, operates crypto-exchange platforms in more than 100 countries and has recently commenced operations in India. DCX Global Limited, incorporated in Mauritius, owns the technology, brand, and other relevant intellectual property of the “CoinDCX” crypto-exchange business in India which is operated by Neblio Technologies Pvt. Ltd. The proposed combination relates to inter alia acquisition of minority shareholding in DCX by Coinbase. A detailed order of the Commission will follow. The release ID is 2204820, and the visitor panel number is 421.
Published on 16 DEC 2023 7:14PM by PIB Delhi.
Key Entities Referenced
Competition Commission of India (CCI): Approved the proposed combination involving acquisition of minority shareholding in DCX Global Limited by Coinbase Global Inc.
DCX Global Limited (DCX): Company being acquired; owns technology, brand, and other relevant intellectual property of the “CoinDCX” crypto-exchange business in India.
Coinbase Global Inc. (Coinbase): Acquiring company; operates crypto-exchange platforms globally.
Proposed Combination: The acquisition of minority shareholding in DCX Global Limited by Coinbase Global Inc.
Competition Commission of India
CCI approves the proposed combination
involving acquisition of minority shareholding in
DCX Global Limited by Coinbase Global Inc.
प्रव तथ: 16 DEC 2025 7:14PM by PIB Delhi
The Competition Commission of India has approved the proposed combination involving acquisition of
minority shareholding in DCX Global Limited by Coinbase Global Inc.
Coinbase Global Inc. (Coinbase), incorporated in the United States, operates crypto-exchange platforms in
more than 100 countries globally. It has recently commenced operations in India.
DCX Global Limited (DCX), incorporated in Mauritius, owns the technology, brand, and other relevant
intellectual property of the “CoinDCX” crypto-exchange business in India. The Coin DCX crypto exchange
is operated by Neblio Technologies Pvt. Ltd.
The proposed combination relates to inter alia acquisition of minority shareholding in DCX by Coinbase
(Proposed Combination).
Detailed order of the Commission will follow.
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NB/ONP
(रलीज़ आईडी: 2204820) आगंतुक पटल : 421
इस वज्ञ को इन भाषाओ ंम पढ़: Urdu , ही