Company Listed

Coinbase

Coinbase Global, Inc. was founded in 2012 and operates a cryptocurrency exchange and custody business. It is listed on NASDAQ and runs as a remote-first company.

It earns principally from transaction fees charged to retail and institutional traders, supplemented by custody, staking and subscription services. Because trading volume rises and falls with crypto prices, its revenue is unusually cyclical, and it has worked to build steadier income lines against that.

Coinbase is covered here for the regulatory questions it keeps running into. How exchanges are licensed and supervised is unsettled in most jurisdictions, including several African ones where adoption is high and rules are thin.