# Coinbase

> Coinbase is a publicly traded cryptocurrency platform that lets everyday people, developers, and institutions buy, sell, store, and build with digital assets. Founded in 2012 and now the first crypto-native company in the S&P 500, it operates a retail app, an advanced trading venue, self-custody wallets, custody for institutions, the USDC stablecoin (co-created with Circle), and Base, an Ethereum Layer 2 network. Its stated goal is to increase economic freedom by moving more of the financial system onchain.

- **Founded:** 2012
- **Headquarters:** San Francisco, California, United States (remote-first)
- **Founders:** Brian Armstrong (Co-founder & CEO), Fred Ehrsam (Co-founder (former))
- **Team size:** ~5,000 employees
- **Products:** Coinbase (retail app), Coinbase Advanced, Coinbase One, Coinbase Wallet, USDC
- **Notable:** First crypto-native company added to the S&P 500 (May 2025)., Completed one of the first major direct listings on NASDAQ (April 2021)., Co-created USDC, one of the largest regulated stablecoins.

## Products & services

- **Coinbase (retail app)** — Consumer app to buy, sell, send, and store hundreds of cryptocurrencies with a simple interface.
- **Coinbase Advanced** — Advanced trading platform with order books, charting, and lower fees for active traders.
- **Coinbase One** — Paid subscription offering zero-fee trading limits, boosted rewards, and premium support; surpassed 1 million subscribers.
- **Coinbase Wallet** — Self-custody wallet giving users control of their own keys and access to dapps and DeFi.
- **USDC** — US-dollar stablecoin co-created with Circle; a core settlement asset across Coinbase and Base.
- **Base** — Ethereum Layer 2 network incubated by Coinbase for low-cost, fast onchain apps and payments.
- **Coinbase Prime** — Full-service platform for institutions covering trading, custody, financing, and staking.
- **Coinbase Custody / Custodial services** — Regulated qualified custody for institutional digital assets.
- **Coinbase Card** — Debit card letting users spend crypto and earn crypto rewards.
- **Coinbase Developer Platform** — APIs, SDKs, and onramps for developers building crypto and onchain apps.

## Achievements

- First crypto-native company added to the S&P 500 (May 2025).
- Completed one of the first major direct listings on NASDAQ (April 2021).
- Co-created USDC, one of the largest regulated stablecoins.
- Incubated and launched Base, a leading Ethereum Layer 2 network.
- Closed 10 acquisitions in 2025, including Deribit - the largest acquisition in crypto history.
- Secured MiCA approval to offer regulated crypto services across the EU.
- Coinbase One surpassed 1 million paid subscribers.
- 14 consecutive quarters of positive adjusted EBITDA as of Q2 2026.

## Latest updates

- **2026-Q2** — Reported $1.22B revenue and record 10.3% crypto trading volume market share - a third straight quarter of record share - alongside a $359M net loss and positive adjusted EBITDA.
- **2026-08** — Coinbase One passed 1 million paid subscribers as subscription and services revenue diversifies away from trading.
- **2025** — Joined the S&P 500, completed 10 acquisitions including Deribit, and secured MiCA approval across the EU.
- **2025** — Base expanded beyond USD, supporting local stablecoins across Asia-Pacific, LATAM, and Europe; Shopify enabled USDC checkout via Base.

## Links

- Website: https://coinbase.com
- LinkedIn: https://www.linkedin.com/company/coinbase
- Twitter/X: https://twitter.com/coinbase
- GitHub: https://github.com/coinbase
- YouTube: https://www.youtube.com/coinbase
- Instagram: https://instagram.com/coinbase
- Facebook: https://facebook.com/Coinbase
- TikTok: https://www.tiktok.com/@coinbase

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Profile page: https://yespress.io/coinbase
Published by YesPress — https://yespress.io
Last updated: 2026-08-12
