Coinbase custodies 80%+ of the U.S. BTC and ETH ETF assets, and saw a peak of $31B inflows from ETFs in 2025. Proud to be the chosen partner for many ETF providers, including some of the largest financial institutions and goverments, and it's a responsibility we take very seriously. We're innovating on the frontier here - we regularly run penetration tests with some of the top cryptographers in the world, we own patents on a lot of related technology, and we place a big emphasis on conducting ongoing security reviews.
Capital goes where it’s welcome. Countries that embrace crypto will likely see the most economic growth in the next decade.
Most people under-appreciate how large the addressable market is for crypto. Crypto is updating the entire financial system, from trading to payments to lending and more. Multiple trillions of dollars of revenue up for grabs.
New way to stack sats: hold USDC, earn Bitcoin. Sometimes the smaller features are the coolest ones. Coinbase One members can choose to receive their weekly rewards in either BTC or USDC, rolling out now.
Great example of how AI is reducing time (and team size) to ship new features at Coinbase Cycle time will reduce further to days as we lean in more here
We’re extremely bullish on stablecoin growth. Stablecoins are the best form of money. Most people in the world would benefit from using stablecoins, and there’s also a second rapidly growing user group - AI agents. I believe stablecoins will be the...
Our crypto backed loan offerings are expanding. Now you can instantly borrow USDC against your XRP, DOGE, ADA, and LTC, as well as BTC and ETH.
Retail users on Coinbase have been very resilient during these market conditions, according to our data: - They’ve been buying the dip - we’ve seen a native unit increase for retail users across BTC and ETH - They have diamond hands -...
I'm confident we can achieve a market structure win-win that advances the President's crypto agenda while addressing the concerns of the banks. Our focus throughout will be to advocate for what's best for crypto users. We’re all in - we were...
The amount of >$100M revenue streams on an annualized basis has been growing year over year at Coinbase

Here is the flywheel that helps Coinbase lead. - We're the most trusted brand in crypto - This causes people to store more assets with us - We connect more products into those assets (12 products doing more than $100m revenue on an...
It’s earnings day. 2025 was a strong year for Coinbase, and we built a solid foundation for continued growth in 2026. Our thesis is actually very simple: crypto is updating all financial services, and we're the best positioned company to capitalize...
Crypto and tokenization will be a great equalizer, giving billions a level playing field to pursue wealth creation. Equality of opportunity is worth pursuing. Equality of outcomes leads to very dark places.