Coinbase CEO Brian Armstrong stated that the filmmakers had “unprecedented entry inside the corporate.”
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 within the fast-growing cryptocurrency house. It focuses on the corporate’s co-founder and CEO, Brian Armstrong, and options different distinguished crypto personalities like Ethereum co-founder Vitalik Buterin and MicroStrategy government chairman Michael Saylor.
Asserting the movie on Twitter Tuesday, Armstrong stated that Kohs and his staff had been given “unprecedented entry inside the corporate” since 2019. Armstrong added that he agreed to the documentary as a result of he “needed to demystify what it takes to construct a tech startup” and crypto itself.
The trailer says that the documentary “chronicles the rise of a visionary founder in crypto who harnesses the facility of this rising know-how to advertise a mission of world financial freedom.”
Armstrong co-founded Coinbase alongside Fred Ehrsam within the early days of the cryptocurrency motion in 2012. Whereas 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 changing into the largest cryptocurrency alternate within the U.S. Because the documentary notes, Coinbase went public on Nasdaq in April 2021, hitting a valuation of $100 billion on its opening day.
Nonetheless, the agency has suffered this yr owing to a stoop in crypto costs. Its second-quarter earnings report revealed lower-than-expected web revenues of $802.6 million, and it’s additionally needed to cope with the dearth of curiosity in its NFT market and an insider buying and selling scandal that was picked up by the Division of Justice and Securities and Change Fee.
COIN is about to drop on Apple, Amazon Prime, and YouTube on October 7.
Disclosure: On the time of writing, the creator of this piece owned ETH and a number of other different cryptocurrencies.