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Coinbase CEO Brian Armstrong stated that the filmmakers had “unprecedented access inside the company.”
Coinbase Unveils Crypto Documentary
Coinbase is releasing a documentary charting the corporate’s speedy progress.
Directed by Emmy award winner Greg Kohs, COIN tells the story of Coinbase’s rise from a startup to a publicly traded firm and its place in the fast-growing cryptocurrency house. It focuses on the corporate’s co-founder and CEO, Brian Armstrong, and options different outstanding crypto personalities like Ethereum co-founder Vitalik Buterin and MicroStrategy government chairman Michael Saylor.
Announcing the movie on Twitter Tuesday, Armstrong stated that Kohs and his group had been given “unprecedented access inside the company” since 2019. Armstrong added that he agreed to the documentary as a result of he “wanted to demystify what it takes to build a tech startup” and crypto itself.
The trailer says that the documentary “chronicles the rise of a visionary founder in crypto who harnesses the power of this emerging technology to promote a mission of global economic freedom.”
Armstrong co-founded Coinbase alongside Fred Ehrsam in the early days of the cryptocurrency motion in 2012. While Ehrsam went on to kind the influential crypto funding agency Paradigm, Armstrong has presided over Coinbase because the agency’s CEO, overseeing its rise to turning into the most important cryptocurrency alternate in the U.S. As the documentary notes, Coinbase went public on Nasdaq in April 2021, hitting a valuation of $100 billion on its opening day.
However, the agency has suffered this 12 months owing to a hunch in crypto costs. Its second-quarter earnings report revealed lower-than-expected internet revenues of $802.6 million, and it’s additionally needed to deal with the shortage of curiosity in its NFT market and an insider buying and selling scandal that was picked up by the Department of Justice and Securities and Exchange Commission.
COIN is about to drop on Apple, Amazon Prime, and YouTube on October 7.
Disclosure: At the time of writing, the creator of this piece owned ETH and a number of other different cryptocurrencies.
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