Coinbase has established the "Next Bets" internal venture capital program.

金色财经_ · 2026-03-31T05:38:59+00:00

Coinbase CEO Brian Armstrong revealed that the company has established an internal venture capital program called "Next Bets," aimed at preventing the loss of great ideas and talent. The program opens for proposals twice a year, allowing employees to pitch projects for funding support, focusing on high-potential innovations. The Base blockchain project originated from this program.

金色财经_

2026-03-31 05:38:59

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Golden Finance reports that on March 31, Coinbase CEO Brain Armstrong revealed in an interview that the company has established an internal venture capital program called “Next Bets” to prevent good ideas and talented people from leaving. The program opens to all-employee proposals twice a year; employees can pitch their projects directly to a review panel composed of product owners. As long as they receive funding support from any one of the heads, the project can be approved for further development—similar to an internal venture capital model.
Brain Armstrong added that the mechanism was inspired by the case of Steve Wozniak, who left after not receiving support at Hewlett-Packard and went on to found Apple. It is intended to avoid the loss of outstanding ideas and talent. “Next Bets” is typically driven by a small team of 2 to 3 people. The funding amounts are relatively small, but it focuses on innovation directions with high potential that can tolerate failure. It is understood that the Base blockchain project came out of this program. In the coming weeks, new project updates will also be released.

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