Coinbase, Exchanges

Who Founded Coinbase?

Coinbase was founded in June of 2012 by Brian Armstrong and Fred Ehrsam. 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.

NOTE: WARNING: Do not attempt to answer the question, “Who Founded Coinbase?” without first researching the answer thoroughly. Misinformation can lead to serious consequences, including legal action.

Coinbase has been a leading advocate for cryptocurrency regulation clarity. In March of 2018, they announced their intention to add 5 more cryptocurrencies to their platform, including Ethereum Classic, 0x, Basic Attention Token, Stellar Lumens, and Zcash.

In the same announcement, they revealed that they had launched an Index Fund allowing investors to buy into all 5 cryptocurrencies simultaneously.

To date, Coinbase has raised over $217 million in 6 rounds of funding. Their most recent Series E round in October of 2018 raised $300 million at a $8 billion valuation led by Tiger Global Management with participation from Y Combinator Continuity, Wellington Management Company LLP, Andreessen Horowitz and others.

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