Crypto exchange Coinbase is facing backlash for sponsoring U.S. President Donald Trump's controversial military parade in Washington, D.C. on Saturday, June 14.Coinbase Sponsorship Sparks Military ...

It is unclear how much money Coinbase spent on the sponsorship or if any top-level executives, like CEO Brian Armstrong, were in attendance. A spokesperson for Coinbase declined to comment when ...

Controversy over the parade has led to questions from critics about who's backing it. Championed by President Donald Trump, ... Coinbase and Palantir for their sponsorship.

A reported 5 million people turned out in US cities to protest on June 14, as major firms, including Coinbase, sponsored a US Army 250th anniversary celebration in Washington, DC.

Coinbase’s Chief Policy Officer Faryar Shizad made this announcement during a panel at the Bitcoin Conference that included ... Coinbase announces it will be a “major sponsor” of America250, ...

Wall Street has not been rattled by the controversy around the company. Coinbase’s stock surged 24% when it announced last week that it would join the S&P 500.

Coinbase shares surged 24% on May 13, 2025. The move marks their biggest one-day gain since the day after Donald Trump's election victory. Inclusion of the stock to the S&P 500 led to this surge.