Coinbase has come a great distance since its launch in 2012. The corporate has raised greater than $225 million and paved the best way for cryptocurrencies to enter the mainstream by offering a digital foreign money change. Which is why we’re completely thrilled to have Coinbase co-founder and CEO Brian Armstrong be part of us on the principle stage at TechCrunch Disrupt SF in September.
Armstrong labored as a developer for IBM and marketing consultant at Deloitte earlier than becoming a member of Airbnb as a software program engineer in 2011. At Airbnb, Armstrong targeted on fraud prevention, giving him the chance to study cost methods throughout the 190 nations Airbnb serves.
In 2012, Armstrong co-founded Coinbase and gave a budding demographic of cryptocurrency lovers the chance to commerce of their USD for bitcoins, and later the digital foreign money of their alternative. Coinbase at the moment serves over 10 million prospects throughout 32 nations, offering custody for greater than $10 billion in digital belongings.
In actual fact, Coinbase was valued at $1.6 billion following a $100 million funding spherical in August 2017.
In April, the corporate unveiled an early-stage fund for cryptocurrency startups, and bought Earn.com for $100 million. As a part of the acquisition, the corporate brought on Balaji Srinivasan as its first CTO.
There have been additionally reports that Coinbase approached the SEC to turn out to be a licensed brokerage agency and digital buying and selling venue, which might permit the corporate to increase past the 4 cash (Bitcoin, Bitcoin Money, Ethereum, Litecoin) that commerce on the platform now.
Simply yesterday, Coinbase announced that it could provide a brand new suite of companies geared toward institutional buyers, who’re starting to heat as much as cryptocurrencies.
There may be lots to debate with Armstrong come September, and we’re completely thrilled to have him be part of the stellar Disrupt SF agenda. You’ll be able to head over here to purchase your self tickets. See you there!