Mapping out Coinbase’s acquisitions and investments30

Coinbase, one of the largest cryptocurrency exchanges in the U.S., has stood out among its competitors as one of the most active in mergers and acquisition.

The firm, which is valued at $8 billion, has had a lot of cash on hand to snap up smaller firms across the nascent crypto world, including most notably Earn, a firm that provides a platform for folks to earn crypto by answering emails. It was reported that Coinbase acquired Earn for a figure above $100M, which would be Coinbase’s largest deal out of the 13 in total. The exchange operator also acquired Paradex, the decentralized exchange, and Keystone, a broker dealer.

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