Coinbase is a digital currency exchange and wallet service.
Coinbase is an online platform that allows merchants, consumers, and traders to transact with digital currency. It allows its users to create their own bitcoin wallets and start buying or selling bitcoins by connecting with their bank accounts. In addition, it provides a series of merchant payment processing systems and tools that support many highly-trafficked websites on the internet.
Coinbase was launched in 2012 with a mission to create an open financial system for the world. It is operated from San Francisco, California. The company raised over $100M in funding from world’s leading investors including DFJ Growth, Andreessen Horowitz, Union Square Ventures, Ribbit Capital and NYSE.
Citi and Coinbase announced a strategic partnership to develop digital asset payment capabilities for institutional clients, leveraging Coinbase’s on/off-ramps and Citi’s 300+ global payment networks.
Coinbase announces support for BNB, marking the first listing of a competitor-issued asset and signaling a strategic shift toward platform neutrality.
Coinbase recently acquired Echo, an on-chain capital-raising platform, to support founders and create an opportunity for individual investors.