Who Owns Coinbase Global, Inc.?
Updated onExplore the ownership hierarchy of Coinbase Global, Inc.. See parent companies, holding structures, and ultimate controllers.
Ownership Chain
Coinbase Global, Inc.
Coinbase Global, Inc. is a publicly traded American company that operates a leading cryptocurrency exchange and related financial and blockchain infrastructure services for individuals and institutions worldwide.
Starts at $0
Coinbase Global, Inc. appears to be independent with no known parent company.
Coinbase Global, Inc.
Coinbase Global, Inc. is a publicly traded American company that operates a leading cryptocurrency exchange and related financial and blockchain infrastructure services for individuals and institutions worldwide.
Starts at $0
Coinbase Global, Inc. appears to be independent with no known parent company.
Major Shareholders
Coinbase Global, Inc.
Major Shareholders
| Name | Type | Ownership | Voting | As of |
|---|---|---|---|---|
Brian Armstrong Co‑founder and CEO of Coinbase. Bloomberg’s 2025 Billionaires Index, drawing on the 2025 proxy statement and July 2024 Form 4 filings, estimates his economic stake at roughly 14% of Coinbase’s shares; earlier analyses of Coinbase’s dual‑class structure show that his super‑voting Class B shares give him effective majority control, with ~58–59% of total voting power. | Founder | 14.0% | 58.5% | Nov 2025 |
The Vanguard Group, Inc. Largest institutional shareholder. June 30, 2025 ownership analyses based on 13F data show Vanguard holding about 24.2 million Coinbase shares, approximately 9.4% of shares outstanding. | Institutional | 9.4% | — | Jun 2025 |
BlackRock, Inc. Major global asset manager and one of Coinbase’s largest institutional owners. As of June 30, 2025, BlackRock held roughly 15.0 million shares, or about 5.8% of Coinbase’s outstanding stock. | Institutional | 5.8% | — | Jun 2025 |
Marc L. Andreessen Venture capitalist (co‑founder of Andreessen Horowitz) and Coinbase director. Aggregated ownership data for late 2025 show him holding about 15.2 million Coinbase shares, around 5.6% of the company. | Individual | 5.6% | — | — |
Frederick Ernest (Fred) Ehrsam III Co‑founder and director. Forbes’ 2025 profile estimates he still owns about 4% of Coinbase’s stock; earlier analyses of Coinbase’s dual‑class structure attribute roughly 25% of total voting power to him via Class B super‑voting shares. | Founder | 4.0% | 25.4% | Dec 2025 |
State Street Corp. (incl. State Street Global Advisors) Large index and ETF provider. Mid‑2025 institutional‑ownership summaries based on 13F filings show State Street entities holding about 8.7–9.3 million Coinbase shares, approximately 3–4% of shares outstanding; here rounded to ~3.4% per June 30, 2025 breakdowns. | Institutional | 3.4% | — | Jun 2025 |
Geode Capital Management, LLC Institutional asset manager (sub‑advisor to certain Vanguard index funds). As of June 30, 2025, held roughly 5.6 million Coinbase shares, around 2.2% of shares outstanding. | Institutional | 2.2% | — | Jun 2025 |
Frederick R. (Fred) Wilson Venture capitalist (Union Square Ventures co‑founder) and Coinbase director. Late‑2025 ownership aggregators show him beneficially owning about 4.4 million Coinbase shares, roughly 1.6% of the company. | Individual | 1.6% | — | — |
Paradigm Operations LP Crypto‑focused investment firm co‑founded by Fred Ehrsam. Institutional‑ownership data as of June 30, 2025 indicate a stake of about 4.1 million Coinbase shares, approximately 1.6% of shares outstanding. | Institutional | 1.6% | — | Jun 2025 |
FMR LLC (Fidelity Investments) Major asset manager. June 30, 2025 institutional‑ownership breakdowns show Fidelity’s FMR LLC holding roughly 3.9–4.2 million Coinbase shares, or about 1.5% of the company. | Institutional | 1.5% | — | Jun 2025 |
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