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Coinbase operates a digital currency wallet and platform that lets people buy, sell, store, and transfer cryptocurrencies such as Bitcoin, Ethereum, and Litecoin. Its products include a user-friendly app and web interface for consumers and a platform for merchants, with services like custodial storage, trading, and on/off ramps to traditional currencies. The system works by securely holding users’ digital assets in custodial wallets, processing transactions, and providing trading and settlement features, as well as merchant tools for accepting crypto payments. Coinbase differentiates itself through a broad consumer and merchant footprint, strong emphasis on security and trust, regulated access, and a simple, accessible design that smooths the process of using digital currencies. Its goal is to help build an open financial system by making digital currencies easy to access, trustworthy, and usable for a wide audience.
Company Size
5,001-10,000
Company Stage
IPO
Headquarters
San Francisco, California
Founded
2012
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Coinbase Wallet launches Pulse Mode for mobile perpetual futures trading. September 13, 2026 8:00 PM Table of contents Coinbase has launched Pulse Mode, a simplified mobile interface for perpetual futures trading, shortly after renaming its Base App to Coinbase Wallet. The feature gives eligible users a streamlined route to leveraged trading directly inside the self-custodial wallet, without leaving the application to use a separate exchange or platform. It marks one of the most direct consumer-facing moves yet in the company's broader push into derivatives. What Pulse Mode does. Pulse Mode presents a simplified interface for opening and managing leveraged long and short positions, commonly called perps. In perpetual futures, traders take a position on an asset's price without an expiry date, using leverage to amplify exposure in either direction. Coinbase Wallet remains self-custodial and supports spot crypto, tokenized assets, prediction markets, commodities, and perpetual markets together, with Pulse Mode positioned as the entry point for the derivatives side of that stack. The company has not yet published detailed fee schedules, leverage limits, or regional eligibility requirements for the new mode. Announcement and rollout. Coinbase CEO Brian Armstrong revealed the feature in a September 12 post on X, sharing an image of the new interface and inviting users to download the updated application. His post did not provide technical specifications, a complete list of supported markets, or the exact risk controls that apply to positions opened through Pulse Mode. The rollout appears to be gradual, with availability tied to a user's eligibility rather than a single global switch, consistent with how Coinbase has staged previous feature launches. Broader derivatives push. The launch follows Coinbase's decision to restore the Coinbase Wallet name to the app it had rebranded as Base, and it extends a wider move into derivatives, joining other recent Coinbase launches such as bitcoin-backed mortgages built with Better. The company has separately filed with the U.S. Securities and Exchange Commission to bring single-stock perpetual futures to U.S. investors, signaling that leveraged products are a growing focus of its retail roadmap. For now, Pulse Mode marks the first consumer-facing step in that direction on the mobile wallet, and its reception could shape how aggressively Coinbase expands its perpetuals offering to everyday users in the months ahead. Why it matters. The timing is notable. Retail demand for leveraged trading has grown sharply over the past year, and mobile-first interfaces have become a key battleground as exchanges and wallets compete for traders who want to manage positions on the go. Pulse Mode is Coinbase's answer to that demand, and its rollout will test how much appetite everyday users have for derivatives inside a self-custodial wallet rather than a traditional exchange.
Coinbase Wallet launches Pulse Mode for seamless perpetual futures trading on mobile. Verified 17 votes Updated 3 hours ago Coinbase just made a move that's going to matter to active traders. The company launched "Pulse Mode," a new feature baked directly into its Coinbase Wallet mobile app, and CEO Brian Armstrong went public with the details himself. Armstrong shared the news in a post, pitching Pulse Mode as a way to make perpetual futures trading - perps, in trader shorthand - less of a headache on mobile. The idea is pretty straightforward: instead of jumping between platforms or wrestling with a cluttered interface, users can pull up perpetual markets right inside the wallet. No extra apps. No switching contexts. The feature is built around a dynamic, visually enhanced interface that's meant to feel fast and responsive, targeting the kind of traders who want to get in and out of positions without friction. Coinbase also rebranded its Base App to "Coinbase Wallet" around the same time, so the Pulse Mode launch is landing inside a product that itself just got a new identity. Trade Crypto Assets Perpetual futures aren't a niche product anymore. Why perps trading on mobile is a big deal. Across the broader crypto market, perps have become one of the most heavily traded instruments out there. They don't expire, they track underlying asset prices, and they let traders hold leveraged positions for as long as they want - which makes them attractive and, yes, risky. For a long time, the serious perps action happened on dedicated derivatives exchanges, not inside wallet apps. Coinbase is basically saying that doesn't have to be true anymore. Discover more Blockchain Security Audits Blockchain Analysis Tools Pulse Mode is designed to sit inside the wallet environment so users never have to leave to access perpetual markets. That's the core pitch. It's a seamless loop: hold your assets, check your balances, and trade perps, all in one place. The visually engaging design is clearly aimed at active traders who respond to interfaces that feel alive rather than static. Whether it actually converts casual wallet users into perps traders is unclear yet - Coinbase hasn't dropped any adoption numbers or user feedback since the rollout. Real-time Market Data And that's kind of the thing here. The company hasn't disclosed much beyond the basics. No metrics. No specific data on how many markets are accessible through Pulse Mode. No word on whether there are plans to add more asset types or trading tools inside the feature down the line. Armstrong's post gave the broad strokes, but the finer details are still murky. Coinbase's push to own the mobile trading space. The rebranding from Base App to Coinbase Wallet wasn't just cosmetic. It's part of a clear effort to consolidate Coinbase's identity around a product that can compete with standalone trading apps. Mobile trading has grown sharply across crypto over the past few years, with users increasingly preferring to manage positions from their phones rather than desktop platforms. Coinbase seems to be betting that if it can make the wallet experience rich enough - good enough to replace a dedicated trading terminal for everyday use - it wins a bigger slice of that mobile-first crowd. Blockchain Technology Explained Discover more Cryptocurrency Market Movers Whale Alert Service Consult Local Attorneys Pulse Mode fits that bet. A simplified interface that lets traders execute perps positions efficiently, without complexity getting in the way, is a reasonable answer to what active mobile traders actually want. The "dynamic and visually enhanced experience" language Armstrong used isn't just marketing fluff - it probably points to real-time price animations, quick-tap order execution, and the kind of UI feedback that makes trading feel immediate rather than clunky. But Coinbase is competing in a space where several other platforms have already built strong mobile perps products. The company hasn't said how Pulse Mode stacks up on fees, available leverage, or the range of perpetual markets on offer. Those details matter a lot to serious traders, and they're not in the public information yet. Still, the timing makes sense. Coinbase has been pushing hard to expand its ecosystem and deepen user engagement rather than just serving as a place people park crypto. Integrating a perps trading mode directly into the wallet is a logical next step if the goal is to keep users inside Coinbase's own environment rather than letting them drift toward competing platforms. No user feedback numbers. No adoption data. No word on what comes next for Pulse Mode specifically. Armstrong's post was the main source of information, and it kept things high-level. Coinbase has not disclosed further details on additional features, market availability, or any timeline for updates to the feature. The company said it wants to simplify trading actions via the mobile app, and Pulse Mode is the product of that goal - at least for now. Real-time Market Data The rebranded Coinbase Wallet, with Pulse Mode live inside it, is available on mobile. Frequently asked questions. What is Pulse Mode in Coinbase Wallet? Who announced Pulse Mode and how? Why it matters. The introduction of Pulse Mode by Coinbase represents a strategic effort to enhance mobile trading capabilities, particularly in the growing sector of perpetual futures. As more traders seek efficient and user-friendly platforms for complex trading strategies, this feature could position Coinbase as a more attractive option amidst increasing competition in the crypto trading space. By streamlining the trading experience on mobile, Coinbase not only aims to retain existing users but also to attract new traders who prioritize convenience and accessibility in their trading activities. Blockchain Technology Explained Community Trust Index Moderate Confidence Real82% 18%Fake 17 community signals Post Views: 14
Pulse Mode: A new era for mobile trading. Coinbase has rolled out a transformative update to its Base App, rebranding it under the Coinbase Wallet banner. This strategic move introduces a fresh feature known as Pulse Mode, designed to provide users seamless access to perpetual futures markets through a streamlined interface on their mobile devices. Discover more Choose POS Systems Trade Crypto Assets
Mecka AI nears $500 million valuation in sequoia-led funding deal. Mecka AI is nearing a Sequoia-led funding round at roughly a $500 million valuation, as demand for real-world data to train humanoid robots grows. Sep 12, 2026 - 06:29 Mecka AI is nearing a new funding round led by Sequoia Capital that would value the robotics data startup at about $500 million, according to two people familiar with the deal. Machine Learning & Artificial Intelligence Discover more Computers & Electronics Professional & Trade Associations Business & Industrial The financing comes only three months after Mecka raised $60 million in a round led by Framework Ventures, with participation from Menlo Ventures, SV Angel and Kindred Ventures. The terms of the new deal have not been finalised and could still change. Mecka did not respond to a request for comment, while Sequoia declined to comment. Mecka targets a data bottleneck in robotics. Founded in 2024, Mecka collects and analyses human motion data used to train humanoid robots and other robotic systems. The company pays people to record themselves performing everyday activities, such as making coffee or repairing cars, using smartphones and body sensors. Co-founders Josh Gao and Mogen Cheng previously built a restaurant fintech startup, while Jason Chong joined Coinbase after the crypto company acquired his exchange. The fourth co-founder, Duy Nguyen, focuses on operations. None of the four came from a robotics background. Instead, the founders focused on what they saw as a shortage of physical-world data for training general-purpose robots. Mecka's approach resembles the human-data businesses that emerged around large language models, but applies data collection to physical tasks and human movement. Investors chase robot training data. Mecka has not disclosed its customers, but robotics companies and AI labs use real-world data collected through egocentric recording, along with techniques such as teleoperation, to train models that interact with physical environments. Machine Learning & Artificial Intelligence Discover more Engineering & Technology Machine Learning & Artificial Intelligence Business & Corporate Law The startup has also set aggressive growth targets. In early June, Gao told Fortune that Mecka expected to finish 2026 at a $100 million annual revenue run rate. Investor interest in the sector is increasing as robotics companies seek larger volumes of real-world training data. XDOF, another startup collecting physical-world data for robots, was recently nearing a funding round at a $1.2 billion valuation. Human-data companies including Scale AI and Micro1 are also expanding beyond data used primarily for large language models. Mecka's potential $500 million valuation reflects the growing competition to supply the datasets needed to train increasingly capable robotic systems.
Coinbase and Moov team to help community banks embrace stablecoins. By PYMNTS | September 10, 2026 Coinbase has teamed with payments platform Moov to offer stablecoin capabilities to community banks. The partnership, announced Thursday (Sept. 10), aims to add acceptance, settlement and real-time funding, built directly into the systems the banks already use. "Community banks and credit unions have witnessed their customers use digital assets for years," Ryan VanGrack, vice chair and head of corporate affairs at Coinbase, said in a news release. "Through our partnership with Moov, Coinbase is delivering the regulated infrastructure they need to offer these services directly - embedded right into their existing systems. Modern tech should meet local institutions where they are, giving them the tools to compete with the largest players while preserving what makes them trusted pillars of their communities." The partnership will see Moov integrate Coinbase's stablecoin payments infrastructure into its payments platform, offering financial institutions a way to add stablecoin capabilities without creating a separate crypto technology stack, the release said. Please add Mappedin to your preferred sources list so its news, data and interviews show up in your feed. Thanks! The infrastructure will support things like consumer stablecoin payments, merchant acceptance, merchant settlement, and payouts. For business and merchant-related payments, Moov will also employ Coinbase's fully disclosed custodial accounts, the companies said. "The division of labor is straightforward: Coinbase provides the regulated digital asset infrastructure, while Moov connects those capabilities to the payments infrastructure financial institutions and their customers already use," the release added. "That makes stablecoin capabilities accessible to institutions that aren't going to build and operate an entirely new technology stack themselves." Research by PYMNTS Intelligence has found that credit union members' awareness of stablecoins remains limited, with many consumers placing both these digital assets and other cryptocurrency in the same mental bucket. "The Wallet Effect: How Credit Unions Can Close the Digital Currency Access Gap," a June 2026 Credit Union Tracker from PYMNTS Intelligence and Velera, found rising interest in digital currency among younger consumers, and a limited grasp on how various digital assets work. "For credit unions, that gap creates a chance to educate members and introduce services through trusted channels rather than rushing into complex offerings," PYMNTS wrote. The research found that 31% of millennials express strong interest in using cryptocurrency for payments, with 28% saying the same about stablecoins. Meanwhile, 94% of baby boomers and seniors had little to no interest in stablecoin payments, versus 92% for cryptocurrency as a whole. "The results suggest stablecoins have not established a separate identity with most consumers," the report said. "Crypto has gained broad recognition through years of media coverage and app-based investing. Stablecoins remain less familiar, so consumers often carry over assumptions about crypto, including concerns about volatility."