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Coinbase was founded by Brian Armstrong and Fred Ehrsam.

Coinbase announced it had raised $75 million in a Series C funding round, which included the New York Stock Exchange and other financial institutions.

Coinbase went public on the Nasdaq stock exchange via a direct listing under the ticker symbol COIN, with a reference price of $250 per share set the day before.

The U.S. Securities and Exchange Commission (SEC) officially denied a petition from Coinbase that requested the agency create new rules for the digital asset sector.