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Coinbase Global

Coinbase Global

Public cryptocurrency exchange

Appears in 2 stories

Stories

Trump accounts launch: America's first universal child investment program

Rule Changes

Committed to Trump Accounts program

The program launched July 4, 2026, opening for contributions on America's 250th birthday. Treasury deposited $1,000 into 1.4 million eligible accounts, committing $1.4 billion in total; 6 million children are now enrolled.

Updated Jul 7

Crypto industry contraction deepens in 2026

Money Moves

Reporting Q1 2026 contraction; cutting workforce 14%

Coinbase, the largest US-listed cryptocurrency exchange, posted Q1 2026 revenue of roughly $1.5 billion on May 7—down about 26% from a year earlier. Two days before the print, Chief Executive Brian Armstrong confirmed the company is eliminating roughly 700 jobs, or 14% of staff, citing lower trading volumes and softer token prices through the quarter.

Updated May 31