Forbes StaffFred Ehrsam is an American entrepreneur, investor, and one of the most influential figures in the cryptocurrency and blockchain space. As the co-founder of Coinbase, the world’s leading cryptocurrency exchange, and Paradigm, a prominent crypto-focused investment firm, Fred has been at the forefront of the digital finance revolution, shaping the way people engage with decentralized technologies.
Born on May 10, 1988, in Boston, Massachusetts, Fred grew up with a strong interest in technology and gaming. He graduated from Duke University with a degree in computer science and economics and began his career as a trader at Goldman Sachs, specializing in foreign exchange markets. During his time at Goldman, Fred became fascinated with Bitcoin and its potential to revolutionize the global financial system.
In 2012, Fred co-founded Coinbase with Brian Armstrong to create a secure and user-friendly platform for buying, selling, and managing cryptocurrencies. Under their leadership, Coinbase became one of the most trusted names in crypto, attracting millions of users and securing its place as a key player in the industry. In 2021, Coinbase went public via a direct listing on NASDAQ, marking a milestone in the mainstream acceptance of cryptocurrency and making Fred a billionaire.
After stepping away from his operational role at Coinbase in 2017, Fred co-founded Paradigm, a venture capital firm focused on investing in the next generation of blockchain and crypto technologies. Through Paradigm, Fred has continued to shape the industry by supporting innovative projects and startups that are advancing decentralized finance (DeFi), NFTs, and Web3 applications.
Fred is widely regarded as a thought leader in the crypto space, often sharing insights on the transformative potential of blockchain technology. His contributions to the field have earned him recognition on Forbes’ 30 Under 30 and Fortune’s 40 Under 40 lists, solidifying his reputation as a visionary leader.
Fred Ehrsam’s work has been instrumental in driving the adoption and development of cryptocurrency, making him a key figure in the ongoing evolution of global finance. His dedication to innovation and decentralization continues to inspire a new generation of entrepreneurs and technologists.
