Coinbase was founded in 2012 by Brian Armstrong and Fred Ehrsam. it is a distributed company; all employees operate via remote work and the company lacks a physical headquarters. coinbase is the largest cryptocurrency exchange in the united states by trading volume. The company is headquartered in San Francisco, California. Coinbase allows users to buy and sell cryptocurrencies, as well as store them in a wallet on the site.
The company has also venture-funded several other cryptocurrency startups, including BlockFi, Compound, and ParaFi Capital. In addition to its primary crypto exchange business, Coinbase also offers a Coinbase Pro platform for more advanced traders, as well as a number of other services including a Coinbase Wallet and an education arm called Coinbase Learn. Coinbase went public via a direct listing on the Nasdaq stock exchange on april 14th, 2021. As of may 2021, coinbase has a market capitalization of over $85 billion.