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This question is about Coinbase.

Who owns Coinbase?

By Zippia Team - Aug. 22, 2022

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.

Who owns Coinbase?

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