Coinbase has come a good distance since its launch in 2012. The corporate has raised greater than $225 million and paved the way in which for cryptocurrencies to enter the mainstream by offering a digital forex change. Which is why we’re completely thrilled to have Coinbase co-founder and CEO Brian Armstrong be a part of us on the primary stage at TechCrunch Disrupt SF in September.
Armstrong labored as a developer for IBM and guide at Deloitte earlier than becoming a member of Airbnb as a software program engineer in 2011. At Airbnb, Armstrong centered on fraud prevention, giving him the chance to find out about fee programs 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 forex of their alternative. Coinbase at present serves over 10 million prospects throughout 32 nations, offering custody for greater than $10 billion in digital belongings.
Actually, 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 purchased 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 grow to be a licensed brokerage agency and digital buying and selling venue, which might permit the corporate to broaden past the 4 cash (Bitcoin, Bitcoin Money, Ethereum, Litecoin) that commerce on the platform now.
Simply yesterday, Coinbase announced that it will provide a brand new suite of companies geared toward institutional traders, who’re starting to heat as much as cryptocurrencies.
There may be loads to debate with Armstrong come September, and we’re completely thrilled to have him be a part of the stellar Disrupt SF agenda. You’ll be able to head over here to purchase your self tickets. See you there!