Mapping out Coinbase's acquisitions and investments

Coinbase, the major U.S. cryptocurrency exchange, was founded in 2012 by Brian Armstrong and Fred Ehrsam. What initially began as a simple platform to buy and sell Bitcoin has evolved over time into a company last valued at $8 billion, with upwards of 1,200 employees and numerous business lines and offerings.

The expansion of the company is best reflected by its dominant position in the industry for M&A activity, with a total of 20 acquisitions to date.