Coinbase Ventures

About

Coinbase Ventures is the venture capital arm of Coinbase, launched in 2018 to fund founders expanding the crypto economy. The vehicle operates from early stages, from pre-seed to Series A and B, worldwide and across the entire Web3 stack: layer 1 and 2 protocols, infrastructure, developer tools, decentralized finance, wallets, on-ramps, NFTs, and tokenized markets. Its CVC mechanism is atypical: Coinbase states it does not require a formal business relationship and can fund companies close to its own products. The support combines capital, operational experience, distribution, and partnerships. The portfolio includes hundreds of teams, notably Arbitrum, Dune, OpenSea, Optimism, Uniswap, and Zora. In France, Builders Republic has tracked seven rounds across six companies: Multis, Dfns, Flowdesk, Morpho twice, Usual, and Kaiko in September 2026. Coinbase Ventures notably participated in Usual's €9.6M Series A in December 2024. It is an investor to watch for a crypto-native company whose product can benefit from access to the Coinbase ecosystem, but it has so far acted as a co-investor in French rounds rather than a lead. The public priorities for 2026 cover tokenization, specialized trading platforms, the next generation of DeFi, and the intersection between AI, agents, and onchain infrastructure.

Key facts

Type

Corporate VC

Stages

Pre-Seed, Seed, Series A, Series B

Headquarters

US

Geographic focus

Global

Founded

2018

Track record

• Portfolio companies: 500
• Total investments: 500

Notable investments

Arbitrum (US), Dune (US), OpenSea (US), Optimism (US), Uniswap (US), Zora (US), Kaiko, Morpho, Flowdesk, Dfns, Usual