Coinbase rolled out Coinbase Business to eligible companies in the U.S. and Singapore, offering payment processing, trading, treasury management, and bill pay through a unified platform, the company announced.
The product targets small and medium-sized businesses seeking alternatives to traditional financial infrastructure. Coinbase's announcement did not disclose the number of initial signups or early adopters. Brian Armstrong, Coinbase's chief executive, said the service is growing "all from word of mouth with no marketing," according to a post on X.
Coinbase Business integrates several financial functions into a single API. Companies can execute trades, manage cash balances, process payments to suppliers and employees, and pay bills without switching between providers. The platform also supports what Armstrong called "agentic finance," referring to autonomous AI agents that can execute financial tasks on behalf of a business.
Armstrong credited Sid Coelho and his team for building the product. He said small and medium-sized businesses face the same inefficiencies in their financial systems that large institutions do, and that blockchain infrastructure can address those inefficiencies at a lower cost than legacy providers.
Coinbase has positioned its broader platform around on-chain finance and developer tooling over the past year. The Business product extends that strategy into payments and treasury for non-crypto-native companies, allowing firms to hold and transact in both traditional currencies and crypto assets.
The company did not announce pricing, minimum transaction volumes, or a public timeline for broader geographic availability. Eligibility criteria and application procedures remain unclear from the public announcement.
If Coinbase does not publish user growth metrics or transaction volume for Coinbase Business within six months, the claim of word-of-mouth growth will remain unverifiable in any public form.
