Coinbase is an American company that operates a cryptocurrency exchange platform. It is basically a distributed firm, which means all the employees are permitted to operate remotely from their respective areas. The firm started with the radical idea that anyone, anywhere should be able to easily and securely send and receive Bitcoin through bank transfers. Being one of the largest cryptocurrency exchanges in the US trading volume, it was headed by Brian Armstrong and Fred Ehrsam in 2012 with headquarters in San Francisco, California. 

 

The main purpose of the platform is to create a secure online platform for buying, selling, transferring, and storing digital currency with the mission of creating an open financial system for the world and becoming the leading global brand for helping people convert digital currency into and out of their local currency. Coinbase makes buying Bitcoin as easy as acquiring stock through an online brokerage by offering a secure way to invest and trade with cryptocurrencies. With over 98 million verified users, 13000 institutions, and over 100 countries trusting coinbase for easy and secure crypto investing and use. The company team is driven towards increasing financial freedom in the world.

 

The platform supports a variety of the most popular digital currencies and provides crypto solutions to institutional investors, family offices, businesses, asset hubs, and data marketplaces. The platform is easy to use for cryptocurrency beginners, supports a large number of cryptocurrencies, provides an opportunity to earn cryptocurrency, and is lower in price. CoinBase is partnered with the following companies: ActiveCampaign, Craft CMS, Kadro Solutions, Inc., and many more. The company has raised a total of $552.3 million to date, funded by 71 investors including Morgan Stanley Investment Management, Renaissance Technology, Two Sigma Advisers LP, SSgA Funds Management, Inc, Employee Stock Option Fund, and Aviv Hadar.