Coinbase Global, Inc.

COINRank #102 of 316

Reference Jun 30, 2026 close implied by Form 13F filings

Circulating market cap

$32.71B

Upper bound: lock-ups and restricted stock not reviewed yet.

Traditional market cap: $38.71B
Fully diluted value: $42.24B
Free float market cap: -
Gap to traditional: $6.00B (15.5%)

Circulating supply223.73M / 264.76M

Free float
Locked team
Other restricted

Circulating: 223.73M · 84.5%
Free float: -
Locked team: n/r
Other restricted: 41.03M · 15.5%
Total outstanding: 264,763,418

Lock-ups and restricted stock for this company have not been reviewed yet. Only unlisted share classes are excluded, so circulating supply is an upper bound.

Supply breakdown

Shares as of Oct 22, 2026

Circulating84.5%223.73M shares

Category	Shares	%	Value	Status
Circulating	223.73M	84.5%	$32.71B	Estimated
Free float	-	-	-	Unavailable
Insider-held, unrestricted	-	-	-	Unavailable
Locked team funds	-	-	-	Unavailable
Other restricted (unlisted classes only)	41.03M	15.5%	$6.00B	Verified
Total outstanding	264.76M	100.0%	$38.71B	Verified
Ownership views (overlap the categories above, never added)
Institutional holdings (13F)	145.69M	55.0%	$21.30B	Estimated
Insider-held, all (Forms 3, 4, 5)	-	-	-	Unavailable

Institutional and insider holdings can include both tradable and locked shares, so they are shown for reference and never added to the total. Check: no class has more shares deducted than it has outstanding, and the review found no shares that may be counted twice: reconciles.

Valuation

Traditional$38.71B
Fully diluted$42.24B
Circulating$32.71B
Free float-
Locked team value$0
Other restricted value$6.00B

Locked and restricted shares

1 item

Class B (not listed on any exchange)

41,033,891 shares

15.5% of total · $6.00B

Class B shares are not listed on any exchange and cannot be traded as they are. A holder must first convert them into Class A shares, which can then be sold. FloatCap counts them outside circulating supply until converted.

Verified10-Q, Cover page: shares outstanding by class; the class has no trading symbolApplied automatically to every unlisted class.

Institutional holders

13F, quarter ended Jun 30, 2026

Holder	Shares	% of total
BlackRock, Inc.	16.71M	6.31%
VANGUARD CAPITAL MANAGEMENT LLC	14.17M	5.35%
VANGUARD PORTFOLIO MANAGEMENT LLC	9.57M	3.62%
STATE STREET CORP	9.56M	3.61%
GEODE CAPITAL MANAGEMENT, LLC	6.15M	2.32%
MORGAN STANLEY	3.80M	1.44%
Paradigm Operations LP	3.19M	1.20%
NORGES BANK	2.79M	1.05%
GOLDMAN SACHS GROUP INC	2.54M	0.96%
ARK Investment Management LLC	2.51M	0.95%

Sum of long share positions in Form 13F reports for the quarter. 13F covers managers with over $100M in US equities; some positions are reported by more than one filer.

Insiders

Forms 3, 4 and 5

Form 4 aggregation pending

Share classes

Class	Listing	Shares outstanding	As of
Class A	COIN on Nasdaq	223,729,527	Oct 22, 2026
Class B	Not listed (valued at COIN)	41,033,891	Oct 22, 2026

Notes and sources

Coinbase Global, Inc. 10-Q for period ended 2026-09-30, Cover page (0001679788-26-000122)
Coinbase Global, Inc. 10-Q for period ended 2026-09-30, Cover page: shares outstanding by class; the class has no trading symbol (0001679788-26-000122)
SEC public float (non-affiliates): $74.20B as of Jun 30, 2025, from the 10-K cover. It is a dollar value at a past date, not circulating supply.