Coinbase
Coinbase, founded in June 2012 and headquartered in San Francisco, CA, is a fintech company that offers a digital currency wallet and platform for transactions with cryptocurrencies like Bitcoin, Ethereum, and Litecoin. The company, which went public through a direct listing on NASDAQ, aims to build an open financial system and provides various services including a secure digital wallet, educational resources, and institutional services.
Services
Coinbase offers a diverse range of services centered around digital currency and financial innovation. The platform features a secure digital wallet for storing cryptocurrencies, supports transactions with popular digital currencies such as Bitcoin, Ethereum, and Litecoin, and provides a Visa debit card for spending cryptocurrencies. Coinbase also caters to advanced traders with its Pro version and supports staking for certain cryptocurrencies. Additionally, institutional services including custody, prime brokerage, and asset management are available. The platform provides APIs for developers and includes features like recurring buys, a referral program, and 'Coinbase Earn,' where users can earn cryptocurrency by learning about it.
History
Coinbase was founded in June 2012 and is part of the Y Combinator S12 batch. The company is headquartered in San Francisco, CA, USA, with a workforce of 6112 employees. Since its inception, Coinbase has aimed to build an open financial system, prioritizing trust and user-focused product design. The company went public through a direct listing on NASDAQ, marking a significant milestone in its growth journey. Over the years, Coinbase has grown its customer base to include users in the United States of America, across America/Canada, and globally through its remote operations.
Products
Coinbase offers a suite of products designed to cater to both individual and institutional users. The primary offerings include a digital wallet for securely storing cryptocurrencies and a platform for buying and selling digital currencies like Bitcoin, Ethereum, and Litecoin. For advanced traders, Coinbase Pro provides enhanced trading options. The company also offers a mobile app for both iOS and Android devices. In addition, Coinbase features 'Coinbase Earn,' an educational program where users can earn cryptocurrency by completing learning tasks, and provides a Visa debit card to facilitate crypto spending. For developers, Coinbase supplies APIs to integrate with its platform.
Sector
Coinbase operates in the Fintech sector, specifically within the Banking and Exchange sub-industry. The company focuses on bringing innovation, efficiency, and equality of opportunity to the financial world. By providing a digital currency wallet and platform, Coinbase enables transactions with various digital currencies and supports the broader crypto and Web3 ecosystem.