Coinbase is a digital currency wallet and platform where merchants and consumers can transact with new digital currencies like bitcoin, ethereum, and litecoin.

Coinbase's vision is to bring more innovation, efficiency, and equality of opportunity to the world by building an open financial system.

Coinbase was founded in July 2, 2011 by Brian Armstrong and Fred Ehrsam. The company is headquartered in San Francisco, California with offices in New York, Chicago and London, UK.

Coinbase offers a suite of products to consumers, professional traders and institutions that make trading, investing and transacting in cryptocurrencies easy and secure.

Coinbase has two core products: a Global Digital Asset Exchange (GDAX) for trading a variety of digital assets on its professional asset trading platform, and a user-facing retail broker of Bitcoin, Bitcoin Cash, Ether, Ethereum Classic, and Litecoin for fiat currency.

Coinbase Markets provides a centralized pool of liquidity for all Coinbase products. Over the course of the year Coinbase Markets will introduce new features like low latency performance, on-premise datacenter colocation services, institutional connectivity and access, and settlement and clearing services.

Coinbase recently launched Coinbase Custody, a cryptocurrency custodian in partnership with an SEC-regulated broker-dealer, to a group of initial clients that include the leading institutions in the crypto industry.  The company also launched Coinbase Prime, a suite of tools and services specifically designed for institutions.

Coinbase strives to be the most trusted brand in the space, and has built the world's leading platform for cryptocurrencies serving over 20 million customers. 

Coinbase is backed by Andreessen Horowitz, Tiger Global, Draper Associates, Union Square Ventures, Ribbit Capital, Compound Labs and others. The company has raised a total of $547.3M in funding. Coinbase has reportedly hit a valuation of $100B in Pre-IPO as of Feb 20, 2021. The company previously valued at $15B in Jul 2020.