Coinbase, crypto, and government regulation
James Williamson
Blog
Oct-24
Armstrong owns a stake of about 19% in Coinbase, which earned $322 million in profits on nearly $1.3 billion revenue in 2020.
Brian Armstrong is the chief executive of Coinbase Global, the largest cryptocurrency exchange in the United States. In this podcast, Brian talks to Lex Fridman.
Brian Armstrong is the chief executive of Coinbase Global, the largest cryptocurrency exchange in the United States.
A former Airbnb software engineer, Armstrong cofounded Coinbase in San Francisco in 2012 with former currency trader Fred Ehrsam.Coinbase went public in a direct offering on Nasdaq on April 14, 2021, briefly reaching a market capitalization of $100 billion.Armstrong owns a stake of about 19% in Coinbase, which earned $322 million in profits on nearly $1.3 billion revenue in 2020.Cofounder Fred Ehrsam left the company in 2017 but still owns 6% and serves on the board of directors; he's also a billionaire.
