Financial Services

Coinbase

Medium46% confidenceProfile verified Jul 23, 2026

The largest US cryptocurrency exchange, undergoing a broad shift toward an AI-native operating model. Coinbase cut roughly 14% of its workforce (about 700 employees) in May 2026 as part of an AI-driven restructuring expected to save approximately $500 million annually, reported Q1 2026 revenue of $1.41 billion (a 21% year-over-year decline amid softer crypto market conditions) with a $394 million net loss, and disclosed that USDC and its Base blockchain now power the vast majority of on-chain stablecoin transactions used by autonomous AI agents.

Leading Indicators

Hiring and patent filing trends — the underlying numbers Momentum is computed from. Insider filing activity is tracked separately under Sources below.

Steadyinsider filing activity unchanged since last check

Additional Intelligence Signals

Patent citation lineage, earnings-call mentions, and federal contract disclosures — automatically collected, not yet visible anywhere else on the site.

Sources

Every claim traced to a primary source — evidence, recent activity, and insider filing behavior, all in one place.

Evidence

3 sources · 1 government/SEC filing · 67% avg. source confidence

Insider Filing Activity

20Form 4 filings, trailing 90 days0 since last week's snapshot

Counts filing frequency only — transaction direction/size wasn't parseable from the sampled filings · sourced from SEC EDGAR · as of Jul 28, 2026

Correlated Activity

Both Coinbase and Cryptocurrency & Digital Assets which it depends on — are showing accelerating Activity at the same time (1 recorded change for Cryptocurrency & Digital Assets in the last 90 days).

Timing correlation only — not evidence of a causal link

Both Coinbase and Circle Internet Group which it depends on — are showing accelerating Activity at the same time (2 recorded changes for Circle Internet Group in the last 90 days).

Timing correlation only — not evidence of a causal link

Dependency Map

What Coinbase depends on below, and who depends on Coinbase above — click any node to make it the new center, 2 levels deep.

Connection type

Investment
Dependency
Supply Chain
Development
Enablement
Competition / Other
Succession

Click any node to make it the new center. Scroll to zoom, drag to pan.

The Story So Far (last 6 months)

Feb 2026: Coinbase Global FY2025 Annual Report (Form 10-K), filed with the SECMay 2026: Cuts 14% of workforce in AI-driven restructuringMay 2026: Coinbase Q1 2026 revenue falls 21% to $1.41B amid crypto downturn and AI restructuringMay 2026: Average USDC held on Coinbase reaches $19B, over 25% of total outstanding USDCJun 2026: Launches AI investment tools, tokenized equities and pre-IPO futures

Auto-generated from this entity's dated milestones, relationship updates, and sourced evidence — not AI-written, just sorted.

Coinbase's Timeline

A sourced, dated history of Coinbase's key moments — founding to present.

  1. Jan 2012 · Founded

    Coinbase was founded as a cryptocurrency exchange and custody platform.

  2. May 2026 · Cuts 14% of workforce in AI-driven restructuring

    Coinbase cut roughly 14% of its workforce (about 700 employees), citing a combination of market volatility and AI rapidly changing how the company operates, as part of a broader shift toward an AI-native operating model expected to bring approximately $500 million in annual cost reductions and guiding to $4.3-4.6 billion in full-year 2026 adjusted expenses.

  3. Jun 2026 · Launches AI investment tools, tokenized equities and pre-IPO futures

    Coinbase launched AI-powered investment tools, tokenized equities fully backed by underlying shares, and pre-IPO perpetual futures tied to high-profile private AI firms, while reporting that USDC and Base power the majority of on-chain stablecoin transactions used by AI agents, with agents using USDC 99% of the time and over 90% of agent transactions occurring on Base.