Base Shake is more than a mismatched handshake
It’s a new chapter for Coinbase and the Base chain—marking governance shifts, legal wins, and technical upgrades. It’s been embraced as a cultural marker by the community. Not just for what it solves, but for what it signals: a shared belief in collaboration and innovation. Dive into the history of Coinbase to see how they’ve helped reshape the global economy—one shake at a time.
June 2012
Coinbase was founded - Founded by Brian Armstrong and Fred Ehrsam.
July 2012
Y Combinator Investment - Received $164,000, boosting early operations.
May 2013
Series A Funding - Raised $5 million led by Union Square Ventures.
December 2013
Series B Funding - Raised $25 million led by Andreessen Horowitz.
January 2015
Launched Coinbase Exchange - Later rebranded as GDAX and Coinbase Pro.
January 2015
Additional Funding - Raised $75 million, total funding $106 million.
April 14, 2021
IPO via Direct Listing - Listed on NASDAQ, market cap $85.78 billion.
February 23, 2023
Base Testnet Launch - Ethereum Layer 2 testnet announced, developer-friendly.
August 9, 2023
Base Mainnet Launch- Officially launched for broader use, aiming for mass adoption.
July 25, 2024
Board Expansion - Added Chris Lehane, Paul Clement, and Christa Davies, expanding to 10 members.
October 30, 2024
Fault Proofs Live on Base Mainnet - Enhanced decentralization, allowing public participation in security.
February 27, 2025
SEC Lawsuit Dismissed - SEC dropped 2023 lawsuit, a win for Coinbase and crypto industry.
July 16, 2025
Base App Launch - Rebranded “Coinbase Wallet", turning the app into an all-in-one platform for social, trading, and payments.
July 17, 2025
The legendary mismatched handshake between Brian Armstrong and Jesse Pollak during the "A New Day One", symbolizing a new chapter for Coinbase and the Base chain.
