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This question is about Coinbase.
Institutional Investors own Coinbase. The top shareholders of the company include:
AH Capital Management LLC (8.07%)
ARK Investment Management LLC (5.15%)
The Vanguard Group Inc (3.45%)
Nikko Asset Management Americas (2.82%)
Nikko Asset Management Co (2.55%)
Morgan Stanley Investment Management (2.30%)
Paradigm Operations LP (2.13%)
Fred Ehrsam is the largest single shareholder for Coinbase, with 1,134,678 shares (0.65%).
Coinbase was founded by Brain Armstrong (a former Airbnb engineer) in 2012. The company launched services to buy and sell bitcoins through bank transfers.
In 2013, the company received a $5 million Series A investment led by Fred Wilson and a $25 million investment from Andreessen Horowitz, Union Square Ventures, and Ribbit Capital.
Coinbase is broken down into four divisions:
Currency conversion
Payment processing
Cryptocurrency exchange
NFT marketplace
The company is publicly traded and operates as a cryptocurrency exchange platform. It is a distributed company, and all employees operate via remote work. The company lacks a physical headquarters.
Coinbase is the largest cryptocurrency exchange in the United States by trading volume. In 2021, Coinbase had annual revenue of $7.84 billion, with over 3,000 employees working for the company.

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