Founded in 2018 and based in San Francisco, California, Coinbase Ventures is a corporate venture capital firm that invests in early-stage companies operating in the cryptocurrency and blockchain technology sectors. With a high activity level in 2019, the firm typically participates in 7-12 deals per year, primarily investing in rounds with 6-7 participants. While Coinbase Ventures has a slightly lower number of lead investments compared to other companies, it has a track record of committing to exits less frequently. The fund typically invests in deals ranging from 5 to 10 million dollars and has a preference for startups in the United States. Notable portfolio startups include Nomics, TruStory, and Staked us.