• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Coinbase Invests in 40 Startups Launched by Former Employees

user avatar

by Giorgi Kostiuk

a year ago

  1. Coinbase's Investment Activities
  2. Key Startups Receiving Investments
  3. Future Plans


    4. Coinbase, the largest cryptocurrency exchange in the United States, continues its investment activities by announcing investments in 40 startups founded by former company employees.

    Coinbase's Investment Activities

    Coinbase CEO Brian Armstrong announced on his X account that the company has invested in 40 startups founded by former employees of the exchange. These investments highlight Coinbase’s commitment to supporting innovation and the significant role its alumni play in shaping the future of the crypto industry.

    Key Startups Receiving Investments

    Armstrong noted that the startups receiving investments include notable projects like DeFi exchange dYdX, decentralized social network Farcaster, and on-chain social network Zora.

    Joining Coinbase is one of the best ways to learn how to build a startup. We have invested in approximately 40 startups founded by our former employees. Many great founders launch their products internally on Coinbase (and benefit from distribution). Entrepreneurial founders with enough autonomy within scalable companies can create magic. We plan to create many more.Brian Armstrong

    Future Plans

    Coinbase's investments in startups continue, and the company plans to further support the initiatives of its alumni, helping them create and develop innovative projects.

    In this way, Coinbase strengthens its market position and demonstrates its commitment to the development of the crypto industry by investing in projects founded by former employees.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Kalshi Closes $1 Billion Funding Round, Expands Market Partnerships

chest

Kalshi has closed a $1 billion Series E funding round to expand brokerage integrations and partnerships, including a live integration with CNN.

user avatarLi Weicheng

Kalshi Introduces Combos Feature, Achieves Record Trading Volume

chest

Kalshi has launched a new feature called Combos, allowing users to bundle multiple event outcomes into single contracts, achieving over $100 million in volume in its first week.

user avatarLeo van der Veen

Market Leaders Shape Best Crypto Portfolios for 2025

chest

In 2025, Bitcoin, Ethereum, and Solana are key assets for investors, providing stability and utility in crypto portfolios.

user avatarAisha Farooq

Arc Blockchain Introduces Public Testnet for Developers.

chest

Arc has launched its public testnet, providing developers and enterprises with early access to the platform's architecture and core functions.

user avatarBayarjavkhlan Ganbaatar

Pepe Coin Price Predictions Adjusted as Corporate Bitcoin Accumulation Influences Market Psychology

chest

Traders reassess Pepe Coin forecasts as corporate Bitcoin buying influences market psychology.

user avatarTenzin Dorje

Analyst Pushes Back on Steve Hanke's Claim Bitcoin Lacks Value

chest

Economist Steve Hanke's dismissal of Bitcoin's value sparks debate among analysts and crypto figures.

user avatarMohamed Farouk

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.