<SEC-DOCUMENT>0001227688-26-000002.txt : 20260106
<SEC-HEADER>0001227688-26-000002.hdr.sgml : 20260106
<ACCEPTANCE-DATETIME>20260106160926
ACCESSION NUMBER:		0001227688-26-000002
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20260102
FILED AS OF DATE:		20260106
DATE AS OF CHANGE:		20260106

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			WILSON FREDERICK R
		CENTRAL INDEX KEY:			0001227688
		ORGANIZATION NAME:           	

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-40289
		FILM NUMBER:		26511534

	MAIL ADDRESS:	
		STREET 1:		817 BROADWAY
		STREET 2:		14TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10003

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Coinbase Global, Inc.
		CENTRAL INDEX KEY:			0001679788
		STANDARD INDUSTRIAL CLASSIFICATION:	FINANCE SERVICES [6199]
		ORGANIZATION NAME:           	09 Crypto Assets
		EIN:				464707224
		STATE OF INCORPORATION:			TX
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		ONE MADISON AVENUE
		STREET 2:		SUITE 2400
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10010
		BUSINESS PHONE:		3026365401

	MAIL ADDRESS:	
		STREET 1:		ONE MADISON AVENUE
		STREET 2:		SUITE 2400
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10010
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>form4-01062026_090121.xml
<TEXT>
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    <periodOfReport>2026-01-02</periodOfReport>

    <issuer>
        <issuerCik>0001679788</issuerCik>
        <issuerName>Coinbase Global, Inc.</issuerName>
        <issuerTradingSymbol>COIN</issuerTradingSymbol>
    </issuer>

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            <rptOwnerCik>0001227688</rptOwnerCik>
            <rptOwnerName>WILSON FREDERICK R</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>C/O COINBASE GLOBAL, INC.</rptOwnerStreet1>
            <rptOwnerStreet2>ONE MADISON AVENUE, SUITE 2400</rptOwnerStreet2>
            <rptOwnerCity>NEW YORK</rptOwnerCity>
            <rptOwnerState>NY</rptOwnerState>
            <rptOwnerZipCode>10010</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
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        <reportingOwnerRelationship>
            <isDirector>true</isDirector>
            <isOfficer>false</isOfficer>
            <isTenPercentOwner>false</isTenPercentOwner>
            <isOther>false</isOther>
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            <otherText></otherText>
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                </transactionShares>
                <transactionPricePerShare>
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                <transactionAcquiredDisposedCode>
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                <transactionPricePerShare>
                    <value>230.1781</value>
                    <footnoteId id="F6"/>
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                <transactionAcquiredDisposedCode>
                    <value>D</value>
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                <sharesOwnedFollowingTransaction>
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        </nonDerivativeTransaction>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Class A Common Stock</value>
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            <transactionDate>
                <value>2026-01-02</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>S</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
                <footnoteId id="F1"/>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>495</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>231.089</value>
                    <footnoteId id="F7"/>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>D</value>
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            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>192309</value>
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        </nonDerivativeTransaction>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Class A Common Stock</value>
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            <transactionDate>
                <value>2026-01-02</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>S</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
                <footnoteId id="F1"/>
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            <transactionAmounts>
                <transactionShares>
                    <value>400</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>232.274</value>
                    <footnoteId id="F8"/>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>D</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>191909</value>
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        <nonDerivativeTransaction>
            <securityTitle>
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            <transactionDate>
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            </transactionDate>
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                <transactionCode>S</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
                <footnoteId id="F1"/>
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            <transactionAmounts>
                <transactionShares>
                    <value>470</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>233.374</value>
                    <footnoteId id="F9"/>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>D</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>191439</value>
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        <nonDerivativeTransaction>
            <securityTitle>
                <value>Class A Common Stock</value>
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            <transactionDate>
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            </transactionDate>
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                <footnoteId id="F1"/>
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            <transactionAmounts>
                <transactionShares>
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                <transactionPricePerShare>
                    <value>234.2569</value>
                    <footnoteId id="F10"/>
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                <transactionAcquiredDisposedCode>
                    <value>D</value>
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            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
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        <nonDerivativeTransaction>
            <securityTitle>
                <value>Class A Common Stock</value>
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            <transactionDate>
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            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>S</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
                <footnoteId id="F1"/>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>1000</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>235.5780</value>
                    <footnoteId id="F11"/>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>D</value>
                </transactionAcquiredDisposedCode>
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            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
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                <directOrIndirectOwnership>
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        </nonDerivativeTransaction>
        <nonDerivativeTransaction>
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            <transactionDate>
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            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>S</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
                <footnoteId id="F1"/>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>2505</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>236.3042</value>
                    <footnoteId id="F12"/>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>D</value>
                </transactionAcquiredDisposedCode>
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            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>187693</value>
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            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                    <footnoteId id="F3"/>
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                <natureOfOwnership>
                    <value></value>
                </natureOfOwnership>
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        </nonDerivativeTransaction>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Class A Common Stock</value>
            </securityTitle>
            <transactionDate>
                <value>2026-01-02</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>S</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
                <footnoteId id="F1"/>
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            <transactionAmounts>
                <transactionShares>
                    <value>2560</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>237.4946</value>
                    <footnoteId id="F13"/>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>D</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>185133</value>
                </sharesOwnedFollowingTransaction>
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            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                    <footnoteId id="F3"/>
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                <natureOfOwnership>
                    <value></value>
                </natureOfOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Class A Common Stock</value>
            </securityTitle>
            <transactionDate>
                <value>2026-01-02</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>S</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
                <footnoteId id="F1"/>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>160</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>238.175</value>
                    <footnoteId id="F14"/>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>D</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>184973</value>
                </sharesOwnedFollowingTransaction>
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                <directOrIndirectOwnership>
                    <value>D</value>
                    <footnoteId id="F3"/>
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                <natureOfOwnership>
                    <value></value>
                </natureOfOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Class A Common Stock</value>
            </securityTitle>
            <transactionDate>
                <value>2026-01-02</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>A</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>24444</value>
                </transactionShares>
                <transactionPricePerShare>
                    <footnoteId id="F15"/>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>24444</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>By USV 2024, LP</value>
                    <footnoteId id="F16"/>
                </natureOfOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Class A Common Stock</value>
            </securityTitle>
            <transactionDate>
                <value>2026-01-02</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>A</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>624</value>
                </transactionShares>
                <transactionPricePerShare>
                    <footnoteId id="F17"/>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>624</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>By USV Investors 2024, LP</value>
                    <footnoteId id="F18"/>
                </natureOfOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
        <nonDerivativeHolding>
            <securityTitle>
                <value>Class A Common Stock</value>
            </securityTitle>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>2416</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>By FJW Partners, LLC</value>
                    <footnoteId id="F19"/>
                </natureOfOwnership>
            </ownershipNature>
        </nonDerivativeHolding>
        <nonDerivativeHolding>
            <securityTitle>
                <value>Class A Common Stock</value>
            </securityTitle>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>50000</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>By the Fred and Joanne Wilson 2012 Delaware Trust</value>
                    <footnoteId id="F20"/>
                </natureOfOwnership>
            </ownershipNature>
        </nonDerivativeHolding>
    </nonDerivativeTable>

    <derivativeTable></derivativeTable>

    <footnotes>
        <footnote id="F1">The transactions reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on August 7, 2025, during an open trading window.</footnote>
        <footnote id="F2">Represents the weighted average sale price. The lowest price at which shares were sold was $226.32 and the highest price at which shares were sold was $227.29. The Reporting Person undertakes to provide upon request to the staff of the Securities and Exchange Commission, the Issuer or its stockholders, full information regarding the total number of shares sold at each separate price within the ranges set forth in footnotes (2) and (4) through (14) to this Form 4.</footnote>
        <footnote id="F3">Represents shares of the Issuer's Class A Common Stock beneficially owned by the Reporting Person and his spouse.</footnote>
        <footnote id="F4">Represents the weighted average sale price. The lowest price at which shares were sold was $227.34 and the highest price at which shares were sold was $228.24.</footnote>
        <footnote id="F5">Represents the weighted average sale price. The lowest price at which shares were sold was $228.66 and the highest price at which shares were sold was $229.56.</footnote>
        <footnote id="F6">Represents the weighted average sale price. The lowest price at which shares were sold was $229.76 and the highest price at which shares were sold was $230.70.</footnote>
        <footnote id="F7">Represents the weighted average sale price. The lowest price at which shares were sold was $230.78 and the highest price at which shares were sold was $231.66.</footnote>
        <footnote id="F8">Represents the weighted average sale price. The lowest price at which shares were sold was $231.84 and the highest price at which shares were sold was $232.62.</footnote>
        <footnote id="F9">Represents the weighted average sale price. The lowest price at which shares were sold was $232.91 and the highest price at which shares were sold was $233.82.</footnote>
        <footnote id="F10">Represents the weighted average sale price. The lowest price at which shares were sold was $233.92 and the highest price at which shares were sold was $234.46.</footnote>
        <footnote id="F11">Represents the weighted average sale price. The lowest price at which shares were sold was $234.95 and the highest price at which shares were sold was $235.92.</footnote>
        <footnote id="F12">Represents the weighted average sale price. The lowest price at which shares were sold was $235.95 and the highest price at which shares were sold was $236.92.</footnote>
        <footnote id="F13">Represents the weighted average sale price. The lowest price at which shares were sold was $236.98 and the highest price at which shares were sold was $237.95.</footnote>
        <footnote id="F14">Represents the weighted average sale price. The lowest price at which shares were sold was $238.00 and the highest price at which shares were sold was $238.32.</footnote>
        <footnote id="F15">Represents securities received in exchange for 1,511,768 shares of the Series Seed preferred stock of The Clearing Company of San Francisco, Inc. (&quot;TCCSF&quot;) in connection with the acquisition of TCCSF by the Issuer (the &quot;Merger&quot;), the consideration of which consisted of shares of the Issuer's Class A Common Stock and cash. On the effective date of the Merger, the closing price of the Issuer's Class A Common Stock was $236.53 per share.</footnote>
        <footnote id="F16">These shares are held by USV 2024, LP.  The Reporting Person, a member of the Board of Directors of the Issuer, is a managing member of the general partner of USV 2024, LP, and therefore may be deemed to have shared voting and investment power with regard to the shares held directly by USV 2024, LP.  The Reporting Person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein, if any.</footnote>
        <footnote id="F17">Represents securities received in exchange for 38,618 shares of the Series Seed preferred stock of TCCSF in connection with the Merger, the consideration of which consisted of shares of the Issuer's Class A Common Stock and cash.  On the effective date of the Merger, the closing price of the Issuer's Class A Common Stock was $236.53 per share.</footnote>
        <footnote id="F18">These shares are held by USV Investors 2024, LP.  The Reporting Person, a member of the Board of Directors of the Issuer, is a managing member of the general partner of USV Investors 2024, LP, and therefore may be deemed to have shared voting and investment power with regard to the shares held directly by USV Investors 2024, LP.  The Reporting Person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein, if any.</footnote>
        <footnote id="F19">Each of the Reporting Person and his spouse is a managing member of FJW Partners, LLC and, as such, may be deemed to share voting and dispositive power over the shares owned by FJW Partners, LLC. The Reporting Person disclaims beneficial ownership of the shares owned by FJW Partners, LLC, except to the extent of his pecuniary interest therein, if any.</footnote>
        <footnote id="F20">These shares are held of record by The Fred and Joanne Wilson 2012 Delaware Trust, of which the Reporting Person's spouse is the grantor. The Reporting Person disclaims beneficial ownership of the shares owned by The Fred and Joanne Wilson 2012 Delaware Trust, except to the extent of his pecuniary interest therein, if any.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/ Frederick R. Wilson, by Lailey Rezai, Attorney-in-Fact</signatureName>
        <signatureDate>2026-01-06</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
