28 Jul 2026
Signal Headquarters
Vol. I
No. 159
Reference

What is Coinbase?

Coinbase is a centralized cryptocurrency exchange, described by Ari Redbord as one of the most significant exchanges in the world.

  • May 2026 - Ari Redbord said Coinbase and Binance were approached to form the Beacon Network, which accounts for about 85% of all centralized crypto.
  • May 2026 - Ryan Sean Adams said previous layoffs from Coinbase have marked the bottom.
  • Jun 2026 - Ryan Sean Adams said it’s possible that a yield product is being offered to non-Americans or different versions for Americans vs. non-Americans, and that the yield is completely generative of a net new source inspired by the treasury yield but not the same thing.
  • Jul 2026 - JTX said over time the industry will continue to go more and more after centralized exchanges like Coinbase and start to get into equities as well.
Signal Headquarters · reference note, compiled from attributed expert discussion.