Coinbase CBT

About Coinbase CBT

Coinbase Global, Inc. is an American-based cryptocurrency exchange platform where consumers and businesses can transact with digital currencies like Bitcoin, Ethereum, and hundreds of others. Founded in June 2012 by Brian Armstrong and Fred Ehrsam, the company originated from Armstrong's participation in the Y Combinator incubator program. Armstrong, a former Airbnb engineer, and Ehrsam, a former Goldman Sachs trader, aimed to create an accessible and trusted gateway into the cryptoeconomy.

The company operates on a remote-first basis with no official physical headquarters. Its business model centers on facilitating the buying, selling, and storing of a wide array of cryptocurrencies for retail and institutional clients in over 100 countries. Revenue is primarily generated from transaction fees charged to users for trading on its platform. Coinbase also offers subscription products like Coinbase One for advanced traders, which provides premium features. Beyond trading, the company provides a suite of products including the Coinbase Wallet for self-custody of crypto assets, Coinbase Prime for institutional investors, and Coinbase Commerce for merchants to accept cryptocurrency payments. The company is a publicly traded entity on the NASDAQ stock exchange under the ticker symbol COIN.