Coinbase

The company operates as a digital asset trading and infrastructure platform. It connects retail and professional traders with crypto liquidity through exchange order books and brokerage flows, while offering institutional clients an integrated stack for execution, financing, custody, and staking. It extends its infrastructure to merchants as a crypto payment acceptance layer and to developers via APIs. Value is created by providing compliant fiat on‑ramps and off‑ramps, secure custody, and unified access to crypto markets and on‑chain applications. Revenue is primarily generated from trading activity, institutional services, subscriptions, staking commissions, and payment processing and network fees.

Coinbase is a US‑based, publicly listed cryptocurrency exchange and infrastructure company founded in 2012. It provides retail and professional trading platforms for digital assets, institutional prime brokerage and custody, a non‑custodial wallet app, and merchant tools for accepting crypto payments. It operates in spot and derivatives markets and supports both individual and institutional clients.

The company generates revenue mainly from trading fees on its exchange platforms, spreads on retail trades, institutional custody and prime services, subscription offerings, staking commissions, and payment and network‑related fees. Its customers include retail traders and investors, professional traders, institutional investors, funds, financial institutions, fintechs, and merchants that accept cryptocurrency payments online.