Coinbase Global, Inc.
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Coinbase Global, Inc. - overview
Established
2012
Location
San Francisco, CA, US
Primary Industry
Financial Services
About
Based in California, US, and founded in 2012, Coinbase Global, Inc. operates an online trading application that enables its users to manage their cryptocurrency portfolios. The company went public via a direct listing in April 2021, marking a milestone as the first major crypto exchange to do so. The platform supports the buying and selling of bitcoin, ethereum, and litecoin.
The company was co-founded by Brian Armstrong and Fred Ehrsam. In October 2025, Coinbase Global, Inc. , a portfolio company of Battery Ventures, Institutional Venture Partners, Greylock Partners, Union Square Ventures, Spark Capital, IDG Capital, Ridge Ventures, Andreessen Horowitz, Mitsubishi UFJ Capital, Tiger Global Management, SV Angel, Y Combinator, Initialized Capital, FundersClub, Ribbit Capital, Propel, Draper, Sozo Ventures, Reinventure, DFJ Growth, Wellington Management, Manhattan Venture Partners, K2 Global, Tusk Venture Partners, Section 32, Kindred Ventures, Hard Yaka, Expanding Capital, BAM Elevate, acquired Echo for USD 375 million. Coinbase allows individuals to trade cryptocurrency, earn by learning about crypto, provides a virtual wallet for cryptocurrency storage and USD Coin.
The company also offers cryptocurrency trading to institutions and allows them to list their assets on Coinbase, accept cryptocurrency payments and custody, and raise money for crypto startups. Coinbase generates revenue primarily through transaction fees on crypto trades, subscription services, and institutional custody and trading solutions. Additional income comes from staking rewards, derivatives trading, and developer platform services. Public filings show that transaction-based revenue remains the largest contributor to overall earnings.
Coinbase Global plans to broaden the company's offering into other parts of the crypto economy as it develops.
Current Investors
Kairos Capital Group, MUFG Bank, Mitsubishi UFJ Capital
Primary Industry
Financial Services
Sub Industries
e-Financial, Analytics & Performance Software, Accounting/Finance Software
Website
www.coinbase.com/
Verticals
Blockchain, FinTech
Company Stage
Mature
Total Amount Raised
Subscriber access only
Coinbase Global, Inc. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on, Trade Sale | Completed | Utopia Labs Corp. | - | ||||||||
| LP Direct, PIPE | Completed | Coinbase Global, Inc. | - |
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