Coinbase Global, Inc. is a leading American cryptocurrency exchange, founded in 2012 by Brian Armstrong and Fred Ehrsam. Headquartered in San Francisco, California, Coinbase operates as a remote-first company and is publicly traded on the NASDAQ under the ticker symbol COIN.(Wikipedia)
📊 Company Overview
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Founded: 2012
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Founders: Brian Armstrong, Fred Ehrsam
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Headquarters: San Francisco, California, U.S.
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Employees: Approximately 3,700 (as of December 31, 2024)
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Users: Over 108 million registered users worldwide
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Assets on Platform: $404 billion
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Quarterly Trading Volume: $439 billion
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Presence: Operates in over 100 countries
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Mission: To increase economic freedom in the world by building a trusted platform for accessing the cryptoeconomy .(Coinbase Investor Relations, Wikipedia, Forex)
🏦 Financial Highlights (2024)
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Revenue: $6.29 billion
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Net Income: $2.58 billion
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Gross Margin: 85.74%
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Operating Margin: 32.36%
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Net Margin: 40.98%
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Return on Equity: 31.15%
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Total Cash: $8.54 billion
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Total Debt: $4.63 billion .(Forbes)
🔧 Products and Services
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Coinbase Exchange: A platform for buying, selling, and trading a wide range of cryptocurrencies.
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Coinbase Wallet: A self-custody wallet for storing cryptocurrencies and NFTs.
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Coinbase Pro: An advanced trading platform for professional traders.
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Coinbase Card: A Visa debit card that allows users to spend cryptocurrencies.
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Coinbase Earn: A program that rewards users with crypto for learning about different cryptocurrencies.
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USD Coin (USDC): A stablecoin pegged to the U.S. dollar, developed in partnership with Circle.
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Coinbase Prime: A platform offering trading, custody, and analytics tools for institutional investors.
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Coinbase Cloud: Provides infrastructure solutions for developers building crypto applications.(Barron's, Yahoo Finance)
🚀 Recent Developments
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S&P 500 Inclusion: Coinbase is set to join the S&P 500 index on May 19, 2025, replacing Discover Financial Services. This milestone reflects the growing acceptance of cryptocurrency companies in traditional financial markets.
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Cybersecurity Incident: In May 2025, Coinbase reported a cyberattack involving the theft of customer data through compromised support agents. The company refused a $20 million ransom and instead offered a $20 million reward for information leading to the attackers' conviction. The incident is expected to cost up to $400 million.
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Regulatory Landscape: The U.S. Securities and Exchange Commission dropped a lawsuit against Coinbase in February 2025, providing legal clarity and boosting investor confidence. (Business Insider, Wikipedia)
📈 Stock Performance
Stock market information for Coinbase Global Inc (COIN)
- Coinbase Global Inc is a equity in the USA market.
- The price is 244.44 USD currently with a change of -18.98 USD (-0.07%) from the previous close.
- The latest trade time is Friday, May 16, 16:54:50 +0500.
As of May 16, 2025, Coinbase's stock (COIN) is trading at $244.44, reflecting investor optimism following its upcoming inclusion in the S&P 500 and recent regulatory developments.
For more detailed information, you can visit Coinbase's Investor Relations page.