Mapping out Coinbase

Cryptocurrency exchange Coinbase was founded in 2012 by Brian Armstrong and Fred Ehrsam. The firm has grown into not only one of the largest in the blockchain industry but also into one of the most valuable fintech companies in the U.S. Coinbase serves over 20 million customers across 32 countries, has traded over $150 billion in digital currencies, and was ranked the second-most valuable fin-tech company by Forbes in 2019. Despite the diminishing value across all digital assets in 2018, Bloomberg estimated the company was expected to bring in $1.3 billion for the year.

The Block has estimated the exchange is the third-largest employer in the entire blockchain industry, with approximately 1,000 employees across numerous fields. The firm, which was last valued at $8 billion, has been able to acquire over a dozen smaller blockchain-related firms.