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Guavy AI Editorial TeamSentiment: 4Clout: 60

Coinbase Revolutionizes Financial Landscape

Coinbase Global Inc. has emerged from its early days as a volatile cryptocurrency broker to become a cornerstone of the modern financial system. Founded in 2012 by Brian Armstrong and Fred Ehrsam, Coinbase made headlines with its direct listing on the NASDAQ in April 2021.

The company's diversification efforts have paid off, with revenue streams including transaction fees from trading, subscription services such as custodial fees for Bitcoin and Ethereum ETFs, and staking rewards. Its Base Layer 2 network has gained significant traction, providing a platform for decentralized applications to operate efficiently.