We study the quantization of coupled Kähler-Einstein (CKE) metrics, namely we approximate CKE metrics by means of the canonical Bergman metrics, so called the "balanced metrics". We prove the existence and weak convergence of balanced metrics for the negative first Chern class, while for the positive first Chern class, we introduce some algebro-geometric obstruction which interpolates between the Donaldson-Futaki invariant and Chow weight. Then we show the existence and weak convergence of balanced metrics on CKE manifolds under the vanishing of this obstruction. Moreover, restricted to the case when the automorphism group is discrete, we also discuss approximate solutions and a gradient flow method towards the smooth convergence.