Company Profile
| Parent Company | Coinbase Global, Inc. (product/brand of Coinbase, Inc.) |
|---|---|
| Ownership | Public (NASDAQ: COIN) |
| Headquarters | Remote-first; original HQ San Francisco, CA, USA; offices in New York, NY |
| Founded | 2012 (Coinbase); Wallet launched ~2018 |
| Founders | Brian Armstrong, Fred Ehrsam (Coinbase founders) |
| CEO / Leadership | Brian Armstrong (CEO, Coinbase); Emilie Choi (President & COO) |
| Employees | ~4,700 (Coinbase) |
Funding and Valuation
| Funding | Multiple rounds pre-IPO totaling ~$500M+ (e.g., Series E $300M 2018, Series C $75M 2015); went public 2021 |
|---|---|
| Revenue / Valuation | Coinbase Q4 2025 revenue ~$770M; FY 2025 transaction revenue ~$4B, subs/services ~$3B annualized; market cap fluctuates ~$50B+ (2026) |
Licensing and Regulation
US (NYDFS) EU VASP registrations (e.g., C... full list on [Coinbase License...
Money transmitter licenses in 46 US states/territories (e.g., NY MT 103755, BitLicense) / EU VASP registrations (e.g., Cyprus Investment Firm, Luxembourg CSSF N00000004) / full list on Coinbase Licenses
Regulatory History
CFTC $6.5M fine (2021, reporting violations)
Central Bank of Ireland €21M fine (2025, AML monitoring)
SEC case dropped (2025)
various lawsuits/settlements
Security Track Record
- 2025 data breach via bribed contractors (up to $400M cost, customer data exposed May 2025)
- SMS phishing/2FA flaws affecting thousands (2021)
- no major Wallet-specific hacks
- individual account compromises reported
| Proof of Reserves | Publishes PoR for cbBTC (1:1 BTC backing); general custodial transparency reports; no full exchange PoR mandated but complies with audits |
|---|
Sister Brands
Coinbase Pro/Advanced TradeCoinbase PrimeBase (L2 chain)Coinbase CustodyUSDC (co-issuer)Coinbase Ventures
Key Events
2012
Coinbase founded
2018
Wallet launched
2021
Acquired BRD wallet, IPO (NASDAQ:COIN)
2022
Coinbase NFT
2023
Base L2 launched
2025
cbBTC, Agentic Wallets