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The Brief

What Coinbase is

Composed · as of Jul 16, 2026in graph since Jul 16, 2026

Coinbase is a publicly listed cryptocurrency exchange and the company behind Base, the Ethereum Layer-2 network.

About Coinbase

Founded in 2012 by Brian Armstrong and Fred Ehrsam, Coinbase is one of the largest cryptocurrency exchanges and became a publicly traded company on Nasdaq (ticker COIN) in 2021. It offers a broad suite of retail and institutional crypto products.

Products & Initiatives

Coinbase incubated Base, an Ethereum Layer-2 built on Optimism's OP Stack, which its Base team — led by jessepollak — announced in 2023. Its consumer products include the Coinbase exchange and the self-custody Coinbase Wallet. Descout tracks Coinbase as the organization behind Base and as the anchor for its creator, Jesse Pollak.

Recent developments

  • 2026-09-03 — Coinbase Lend Tops 500M Deposits on Base, Pollak Says — Jesse Pollak highlights Coinbase Lend crossing 500M in deposits on Base, powered by Morpho, and offers to help neobanks offer similar onchain yield. (@jessepollak)
  • 2026-09-10 — Base Touts B20 Standard and Coinbase Tokenized Stocks at AGM — Base amplifies AGM remarks describing B20 as an ERC20 continuation built for tokenized assets and framing Coinbase Tokenized Stocks as the closest thing to owning shares onchai… (@base)
  • 2026-09-16 — Jesse Pollak Amplifies Data Showing Tokenized FGI Outtrading Nasdaq — Data shared on Sept. 16 shows tokenized FGI shares trading $2.1M onchain versus $1.16M on Nasdaq, with the tokenized float approaching 5% held by AI agents. (@jessepollak)
  • 2026-09-24 — Base Tokenized Stocks Cross 1B Volume One Month After Launch — Coinbase Tokenized Stocks on Base passed 1B in cumulative volume a month after going live, with base soliciting community input on which equities to list next. (@base)
  • 2026-10-09 — Coinbase, Gennius Bring ONED USD Stablecoin to LatAm Banks via Base — Coinbase and Gennius are rolling out ONED USD, issued via Coinbase Custom Stablecoins, to Latin American banks starting in Argentina, enabling 24/7 transfers and Visa sp… (@base)

Coverage

Last verified Jul 18, 2026
The Timeline

The record

Every dated thing we know · Jul 2026 → Oct 2026
Oct 9, 2026★ MilestoneBreaking
Jul 18, 2026★ MilestoneGraph · edge
Jesse Pollak is a Coinbase executive who created and leads Base, Coinbase's Ethereum Layer-2 network. He joined Coinbase in 2017 and previously led Coinbase's consumer engineering. (He did not found Coinbase — that was Brian Armstrong and Fred Ehrsam.)
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Jul 16, 2026★ MilestoneGraph genesis
Added to the graph
Coinbase entered the Descout entity graph — the start of its permanent record.
From the ecosystem

Related coverage that mentions Coinbase without being centered on it — filed under the associated entity it belongs to.

viaBase
How borrowing against tokenized stocks works on Base
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How borrowing against tokenized stocks works on Base

Aave V4 and Morpho both let eligible non-US holders post Coinbase Tokenized Stocks on Base as collateral for USDC loans. Aave lists seven tokens as collateral-only; here is how each venue prices, liquidates and limits them.

8 min read
Base's week: stock tickers, a Japan MOU and a pitch to chains winding down
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Base's week: stock tickers, a Japan MOU and a pitch to chains winding down

Jesse Pollak's Oct. 9 chart labels 250 tokenized-stock tickers on Base by the end of October, up from 4 at the Aug. 24 launch. The Block reported him saying 50 were listed at the time; Base's stocks page shows ten. A Japan DeFi gateway that SMBC Nikko and Nethermind are building, with Base among its supporters, is a memorandum targeting mid-2027.

6 min read