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Coinbase

Coinbase is a US cryptocurrency exchange, listed on Nasdaq, that opened a Canadian arm in 2023. In April 2024 it became the first international crypto exchange to register as a Restricted Dealer with Canadian securities regulators, a process its Canadian chief said took roughly three years.

CryptoTorontoFounded 2012coinbase.com
April 2024registered as a Restricted Dealer by the Canadian Securities Administrators — the first international crypto exchange to do soCoinbase blog
~3 yearstime Coinbase spent working towards Canadian registration, about twelve months of it with the Ontario Securities Commission, per country director Lucas MathesonCoinDesk, 2024-04-04
August 2023Canadian launch, after filing a pre-registration undertaking that MarchBetaKit

The people

Lucas MathesonPresident · 1 TechTO talk
BA
Brian ArmstrongCo-founder & CEOprofile coming

What they build

Retail crypto exchange
Coinbase Canada (Restricted Dealer)
Institutional trading and custody

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Working at Coinbase

Browse open roles across the community on the TechTO Job Board — Canada’s most connected tech network. Coinbase’s roles show up here whenever they post.

Open roles on the TechTO Job Board ↗Or their own careers page: coinbase.com/careers ↗

Jobs live on jobs.techto.org — the only structured source. We link to it rather than scraping career sites, so the board is always the source of truth.

On the TechTO stage

Every talk is searchable — ask the archive about Coinbase

About

Coinbase filed its pre-registration undertaking with Canadian regulators in March 2023 and formally launched in Canada that August, hiring former Shopify executive Lucas Matheson to run the country operation. In April 2024 it became the first international cryptocurrency exchange registered as a Restricted Dealer in Canada, which Matheson said followed almost three years of work in the country and roughly twelve months of it specifically with the Ontario Securities Commission. He took the TechTO stage in September 2024 to introduce The System Update and to argue for what Coinbase describes as a re-invigoration of the financial landscape for Canadians. This page covers Coinbase because of that Canadian arm and that talk; the global company is far larger than what is described here.

Backers

A public company, listed on Nasdaq since its April 2021 direct listing. Its earlier venture backers are no longer the relevant ownership story.

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Quick answers

Is Coinbase registered in Canada?

Yes. In April 2024 it became the first international cryptocurrency exchange registered as a Restricted Dealer with the Canadian Securities Administrators, having launched in Canada in August 2023.

Who ran Coinbase Canada?

Lucas Matheson, a former Shopify executive, was hired in 2023 as country director and led the registration effort. He spoke at TechTO in September 2024.

How long did Canadian registration take?

Matheson described it as almost three years of work in Canada, with about twelve months of that spent specifically with the Ontario Securities Commission.

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Maintained by TechTO · facts sourced and dated · last reviewed Aug 9, 2026