Coinbase is a digital asset exchange company headquartered in San Francisco, California. They are one of the largest cryptocurrency exchanges in the world, with over 25 million users.
Coinbase allows you to buy, sell, and store cryptocurrencies such as Bitcoin, Ethereum, Litecoin, and more on their platform. You can also use Coinbase to trade on the cryptocurrency markets.
Coinbase was founded in 2012 by Brian Armstrong and Fred Ehrsam. Their mission is to create an open financial system for the world.
Coinbase is backed by some of the most well-known investors in the tech industry, including Andreesen Horowitz, Union Square Ventures, and Ribbit Capital.
Coinbase has been incredibly successful since its launch. In just a few years, they have become one of the most popular cryptocurrency exchanges in the world.
In 2017, they had over $1 billion in revenue and raised $100 million in funding. They are currently valued at $8 billion.
Coinbase has faced some controversies in the past, but they have always overcome them. In 2018, they had to deal with a major security breach where hackers stole over $1 billion worth of cryptocurrencies.
However, they have since implemented new security measures and have reimbursed all of the victims.
Coinbase is one of the most trusted and popular cryptocurrency exchanges in the world. They are headquartered in San Francisco, California and are backed by some of the most well-known investors in the tech industry.
Despite some controversies, Coinbase has always overcome them and remains a top player in the cryptocurrency space.