Coinbase is a major cryptocurrency exchange and infrastructure provider that enables individuals, businesses, and institutions to buy, sell, store, transfer, and build with digital assets. Coinbase operates retail and professional trading platforms (Coinbase and Coinbase Pro), custody services for institutions, a developer-friendly API and wallets, staking and payment solutions, and business-focused products such as Coinbase Business and Coinbase Custody to support on‑chain activity and fiat-crypto flows[5][6]. Founded in 2012, Coinbase grew from a simple wallet and brokerage into a regulated, publicly listed company that aims to increase “economic freedom” by making crypto accessible to a global audience[5][7]. Over the 2010s it expanded its supported assets and products, added institutional custody and compliance capabilities, and completed a direct listing on Nasdaq in 2021 as Coinbase Global (COIN)[3][7]. Key achievements include becoming one of the largest regulated exchanges by users and assets on platform, building a broad product ecosystem that serves retail users, institutions and developers, and driving adoption of blockchain-native tools such as USDC and on‑chain settlement rails[5][4]. Coinbase reports large volumes and assets on platform, and has scaled its workforce and partner network across 100+ countries while pursuing vertically integrated infrastructure like its Layer‑2 and unified monetary rails to become an “Everything Exchange” for crypto and financial services[5][4]. Today Coinbase positions itself beyond a simple exchange: it markets an integrated financial stack that combines trading, custody, payments, and developer infrastructure, with continued emphasis on regulatory compliance and institutional trust as competitive advantages[4][5]. Notable aspects include its public-company governance, focus on regulation and security, and strategic push to tie liquidity, settlement, and products together to keep capital and activity within its platform[4][7]. Limitations and risks for readers: Coinbase’s outlook depends on