As of September 28, 2018, Coinbase had 11.6 million institutional clients.
These clients include hedge funds, family offices, and high-net-worth individuals. The majority of these clients are based in the United States.
Coinbase has been aggressively pursuing institutional investors since early 2018. The exchange launched its first product Targeted at institutional investors, Coinbase Custody, in July 2018.
NOTE: WARNING: It is important to note that Coinbase does not provide details on how many institutional clients they have, as this information is not publicly available. Additionally, Coinbase does not provide services to individuals or firms in certain states, countries, or jurisdictions. Please refer to Coinbase’s list of excluded jurisdictions and make sure your state or country is not listed before attempting to use their services.
The product allows institutions to store digital assets with Coinbase’s private key management service.
In August 2018, Coinbase acquired Paradex, a decentralized exchange that allows users to trade directly from their wallet. The acquisition is part of Coinbase’s plan to build an “open financial system” that will make it easy for institutions to invest in digital assets.
Coinbase has also been working on a new product called Coinbase Prime, which is a platform designed for institutional traders. The product is currently in beta testing and is expected to launch in 2019.
Overall, Coinbase is making a big push to attract institutional investors. The exchange has already seen success in this area, and it is likely that the number of institutional clients will continue to grow in the future.
9 Related Question Answers Found
As of June 2019, Coinbase had 13.3 million users. This is a significant increase from the 8.2 million users they had in November 2017. The majority of these users are from the United States, with over 6 million users.
Coinbase is a digital asset exchange company headquartered in San Francisco, California. They broker exchanges of Bitcoin, Ethereum, Litecoin and other digital assets with fiat currencies in 32 countries, and bitcoin transactions and storage in 190 countries worldwide. As of May 2018, Coinbase had 14 million registered users.
As of July 2019, there are over 25 million people worldwide who use Coinbase to buy, sell, or store cryptocurrencies. Out of those 25 million, 4 million are active daily users. Coinbase has processed over $200 billion in digital currency transactions and is currently the most popular cryptocurrency exchange in the United States.
As of June 2019, Coinbase listed a total of 50 coins on their platform. This is a big increase from the 5 coins they listed back in 2016. The most popular coins listed on Coinbase are Bitcoin, Ethereum, Litecoin, Bitcoin Cash, and XRP.
As of June 2019, Coinbase had over 20 million users and $150 billion in assets on its platform. The vast majority of those assets are in the form of Bitcoin, Ethereum, and Litecoin. As one of the most popular cryptocurrency exchanges, Coinbase allows users to buy, sell, and store digital assets.
As of January 2020, Coinbase offers its users the ability to buy, sell, and store four different cryptocurrencies: Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), and Bitcoin Cash (BCH). In addition, Coinbase also offers its users the ability to trade two other cryptocurrencies: Ethereum Classic (ETC) and 0x (ZRX). Coinbase is one of the most popular cryptocurrency exchanges in the world and offers its users a number of advantages.
As of June 2019, there were 13.3 million Coinbase accounts. This is a massive increase from the 1 million accounts in November 2017. The vast majority of these accounts are in the United States, with over 10 million American users.
Coinbase, one of the most popular cryptocurrency exchanges, has attracted big investors. Who are these investors? Some of the most well-known investors in Coinbase are Peter Thiel, Founders Fund, BBVA, and USAA.
As of late 2017, Coinbase was the most well funded bitcoin startup with $106 million in venture capital from investors including Andreesen Horowitz, Union Square Ventures, and Ribbit Capital. In May of 2017, Coinbase closed a $100 million Series D funding round led by IVP. The round also included participation from Spark Capital, Greylock Partners, Battery Ventures, Section 32, and Draper Associates.