Coinbase
Coinbase Global, Inc. (NASDAQ: COIN) operates as a leading cryptocurrency exchange and digital asset platform serving consumers, institutions, and developers worldwide. The company's website is www.coinbase.com. From the company’s description.
Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.
What Coinbase does
In the company’s own words
Coinbase Global, Inc. (NASDAQ: COIN) operates as a leading cryptocurrency exchange and digital asset platform serving consumers, institutions, and developers worldwide. The company's website is www.coinbase.com.
The company provides a comprehensive suite of products designed to facilitate engagement with cryptocurrency and blockchain technology. Coinbase's core offerings include consumer trading platforms featuring both simple and advanced trading experiences for crypto assets, stocks, commodity futures, perpetual futures, and prediction markets through its "Everything Exchange" initiative launched in December 2025. For institutional customers, the company operates Coinbase Prime, a full-service prime brokerage platform, alongside four specialized exchanges: the Coinbase Exchange for spot trading of over 360 crypto assets, the Coinbase International Exchange for perpetual futures and spot trading, the Coinbase Derivatives Exchange for dated and perpetual-style futures, and the Deribit Exchange, a global leader in crypto options trading.
Beyond trading, Coinbase generates revenue through subscription and services products including stablecoin offerings such as USDC developed in partnership with Circle Internet Financial, blockchain staking services with approximately $7.5 billion in consumer assets and over $15.2 billion in institutional assets staked as of December 31, 2025, institutional financing solutions, and custody services. The company also operates Base, a Layer 2 Ethereum blockchain, and offers the Base App, a self-custodial wallet product providing access to decentralized applications.
Coinbase monetizes its platform primarily through transaction fees on trading activities and subscription revenue from products like Coinbase One, a consumer subscription service offering reduced trading fees, staking rewards, and other benefits. The company also earns revenue from staking commissions, custody fees, and interest on customer custodial funds.
As of December 31, 2025, Coinbase employed 4,951 people and operates as a remote-first organization. The company maintains a global presence serving customers across multiple jurisdictions while navigating complex and evolving regulatory requirements related to cryptocurrency, anti-money laundering, and financial services compliance.
Company details
- Sector
- Financials
- Industry (SIC)
- Finance Services
- Headquarters
- NEW YORK, NY
- Fiscal year end
- December
- CIK
- 1679788
- SIC
- 6199
Financial performance, year by year
Fiscal 2021–2025 · USDThe full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.
Who owns Coinbase — and what changed
Funds as of 2026Q2 · superinvestors as of 2026-06-30
Largest fund holders · Coinbase’s weight in each
Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.
Coinbase’s bonds, as funds hold them
Funds report holding 6 issues of Coinbase’s debt, $1.51B at market value — what funds hold, not the company’s total debt. Weighted-average coupon 2.79%, maturing 2026 to 2032.
Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.
Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.
Recent filings
All filings →Each filing opens into its own statements and disclosures here.
Put this business in context.
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