Coinbase

About The Fund

Coinbase is a leading online platform that specializes in the realm of digital currency, enabling a variety of users including merchants, consumers, and traders to engage in transactions involving cryptocurrency. The platform is designed to facilitate users in establishing their personal bitcoin wallets which can be directly linked to their bank accounts, permitting them to buy or sell bitcoins with ease. To assist in the widespread adoption and integration of digital currency, Coinbase provides an array of payment processing solutions and tools which are utilized by numerous popular websites. The firm's capabilities are not limited to bitcoin, as they extend their services to a suite of other cryptocurrencies, all while maintaining secure and compliant processes. Founded in 2012 with its headquarters in San Francisco, California, Coinbase has been steadfast in its mission to create an open financial system for the world. The company acknowledges the transformative potential of cryptocurrency and blockchain technology, and as such, it offers a platform not only for cryptocurrency transactions but also for developer APIs, and a variety of other applications. As an investment entity, Coinbase is known for their involvement in the initial financing stages of companies, focusing on the Angel and Seed funding rounds. Their investment thesis is likely to align with their expertise in cryptocurrencies and blockchain, favoring startups that can leverage these technologies in software development, including Web Services, SaaS, and marketplace platforms. Coinbase's commitment to fostering innovation within the digital currency space is a core component of their identity, as they continuously seek to support and catalyze the growth of companies that share their vision of an open and decentralized financial future.