Coinbase Global Inc (NASDAQ: COIN) is a cryptocurrency financial services company that operates a platform for buying, selling, storing, and trading digital assets. Revenue comes primarily from transaction fees charged to retail and institutional customers on crypto trades, with additional income from subscription and services products including staking, custody, and interest on customer assets. The 10-K filed 2026-02-12 (accession 000167978826000015) confirms Coinbase is a well-known seasoned issuer registered under the Securities Exchange Act. The filing excerpts provided do not contain sufficient detail to specify FY2025 segment revenue figures, customer counts, geographic breakdowns, named competitors, or capital structure details. All further specifics are withheld to avoid unsupported inference.

Revenue model

Transaction fees on retail and institutional crypto trades; subscription and services revenue from staking, custody, and asset yield products. Specific revenue figures and segment percentages are not supported by the provided filing excerpts.

Products and services

Crypto trading platform for retail users; institutional trading and custody services; staking; interest and yield products on customer assets.

Customers and end markets

Retail individual investors and institutional clients transacting in digital assets and cryptocurrency markets.

Value-chain role

Centralized crypto exchange and custodian; intermediary between retail and institutional customers and digital asset markets.

Geographic exposure

Not supported by the provided filing excerpts.

Source: SEC 10-K, filed 2026-02-12

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