According to Coinbase CEO Brian Armstrong, the filmmakers got “extraordinary access” to the firm.
Coinbase will release a documentary detailing the company’s fast expansion. COIN, directed by Emmy-winning filmmaker Greg Kohs, covers the narrative of Coinbase’s ascent from startup to publicly listed corporation and its position in the rapidly expanding cryptocurrency market. It focuses on the co-founder and CEO of the firm, Brian Armstrong, and includes major crypto figures such as Ethereum co-founder Vitalik Buterin and MicroStrategy executive chairman Michael Saylor.
Armstrong tweeted on Tuesday that Kohs and his colleagues were granted “extraordinary access to the company” beginning in 2019. Armstrong stated that he decided to participate in the documentary because he “wanted to demystify what it takes to create a digital firm” and crypto in general.
According to the teaser, the documentary “chronicles the growth of a visionary crypto entrepreneur who leverages the potential of this new technology to further a purpose of global economic freedom.”
Armstrong and Fred Ehrsam co-founded Coinbase in the early days of the cryptocurrency revolution in 2012. While Ehrsam went on to start the famous crypto investment company Paradigm, Armstrong led Coinbase to become the largest cryptocurrency exchange in the United States its CEO. According to the video, Coinbase went public on the Nasdaq in April 2021, with an opening day value of $100 billion.
However, the company has suffered this year due to a decline in cryptocurrency values. Its second-quarter earnings report revealed lower-than-expected net revenues of $802.6 million, and the company has also had to contend with a lack of interest in its NFT marketplace and an insider trading scandal that the Department of Justice and the Securities and Exchange Commission investigated. On October 7, COIN will debut on Apple, Amazon Prime, and YouTube.
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