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. Coinbase is regulated by the US Financial Crimes Enforcement Network (FinCEN) as a Money Service Business.
In May 2016, Coinbase launched the Global Digital Asset Exchange (GDAX) to trade digital assets on its platform. In December 2018, Coinbase announced it would be acquired by investment firm Tiger Global Management for a reported $500 million. .
Coinbase is one of the most popular cryptocurrency exchanges and allows users to buy and sell cryptocurrencies such as Bitcoin, Ethereum, Litecoin and more. The company is one of the most well-funded startUPS in the industry and has raised over $217 million from investors such as Andreessen Horowitz, Union Square Ventures and Ribbit Capital.
Coinbase is regulated by the US Financial Crimes Enforcement Network (FinCEN) as a Money Service Business.