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8 In October 2012 the company launched the services to purchase and sell bitcoins through bank transfers. In May 2013, the company got a US$ 5 million Series A financial investment led by Fred Wilson from the equity capital company Union Square Ventures. In December the same year, the company received a US$ 25 million investment, from the endeavor capital companies Andreessen Horowitz, Union Square Ventures (USV), and Ribbit Capital.

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In 2014, the company grew to one million users, obtained the blockchain explorer service Blockr and the web bookmarking business Kippt, protected insurance covering the worth of bitcoin stored on their servers, and released the vault system for protected bitcoin storage. Throughout 2014, the business likewise partnered with Overstock, Dell, Expedia, Dish Network, and Time Inc. enabling those companies to accept bitcoin payments.

In January 2014, Coinbase Global, Inc. was integrated in Delaware as a holding business for Coinbase and its subsidiaries. The corporate reorganization that saw Coinbase become a subsidiary of Coinbase Global was completed in April that year. In January 2015, the business got a US$ 75 million financial investment, led by Draper Fisher Jurvetson, the New York Stock Exchange, USAA, and several banks.

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Coinbase began to provide services in Canada in 2015. In July 2016, they revealed they would halt services in August after the closure of Canadian online payments service provider Vogogo. In  Click Here For Additional Info , the business rebranded the Coinbase Exchange, altering the name to Global Digital Property Exchange (GDAX). In July 2016, they included retail support for Ether.

In November 2017, Coinbase was bought by the US Internal Profits Service to report any users who had at least $20,000 in transactions in a year. Coinbase listed Bitcoin Money on December 19, 2017 and the Coinbase platform experienced rate problems that caused an expert trading examination. On February 23, 2018, Coinbase told roughly 13,000 affected customers that the business would be offering their taxpayer ID, name, birth date, address, and historic transaction records from 2013 to 2015 to the IRS within 21 days.

She promoted to the function of president and chief operating officer in Might 2019. On March 26, 2018, Coinbase revealed their objective to add support for ERC-20 tokens. On April 5, 2018, Coinbase announced that it had actually formed an early-stage venture fund, Coinbase Ventures, concentrating on investment into blockchain- and cryptocurrency-related companies.