Brian Armstrong Biography
Brian Armstrong is an American entrepreneur and businessman, best known as the co-founder and CEO of Coinbase, a leading cryptocurrency exchange.
Born on January 25, 1983, in San Jose, California, Armstrong grew up in a family of modest means and developed an interest in technology and entrepreneurship at an early age.
He graduated from Rice University in 2005 with a degree in computer science and economics, and later earned an MBA from Harvard Business School in 2011.
Before co-founding Coinbase in 2012, Armstrong worked as a software engineer at IBM and later as a consultant at Deloitte.
Under his leadership, Coinbase has grown to become one of the largest and most successful cryptocurrency exchanges in the world, with over 30 million users and a valuation of over $8 billion.
Armstrong is also a vocal advocate for the adoption of blockchain technology and cryptocurrencies, and has been featured in numerous media outlets, including Forbes, Bloomberg, and CNBC.
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Market Capitalization of Coinbase:
As of February 25, 2025, Coinbase Global, Inc. has a market capitalization of approximately $52.03 billion.
Number of Customers:
Coinbase has over 108 million customers worldwide as of 2025, with 10.8 million actively exchanging every month.
Volume of Crypto Trading:
In Q1 2024, Coinbase processed a total trading volume of $312 billion, with $56 billion from retail customers and $256 billion from institutional investors. The 24-hour trading volume on Coinbase Exchange, as reported on September 25, 2024, was approximately $1.02 billion, though this figure can fluctuate significantly.
Rolled out in early January 2025:
Coinbase has introduced USDC loans with Bitcoin as collateral.
The loans are available for US customers.
The loans have no fixed repayment and they auto-adjust based on the activities on Base.