Coin
“Can a crypto exchange become the foundational financial infrastructure layer for the global digital asset economy?”
Founded2012
HQSan Francisco, California, United States
FoundersBrian Armstrong, Fred Ehrsam
Total raised$847.3M (pre-IPO)
Latest roundDirect Listing (IPO), April 14, 2021, Nasdaq: COIN
IndustryFintech / Crypto
The story
Founded in 2012 as a Bitcoin wallet and exchange, Coinbase expanded to become a broad crypto exchange and custodian offering buy, sell, stake, lend, and borrow services. The company went public in April 2021 via direct listing, marking a watershed moment for the crypto industry. Its product suite expanded from retail trading to institutional services (Coinbase Prime, Coinbase Custody) and developer infrastructure.
Last 12 months
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Product timeline
2012
Founded by Brian Armstrong and Fred Ehrsam as a Bitcoin wallet and exchange platform.· pivot
2021
Went public via direct listing on the Nasdaq Global Select Market under ticker COIN.· ipo
Same company
Coin was analysed under more than one name on the same domain, so its stack is split across these dossiers. Each was analysed independently and may name providers the others do not.
The stack
0 layers disclosed in Coin’s embedded-finance stack
Accounting gap: none