Coinbase launches $1B bond offer to expand and capitalize on booming crypto market Coinbase is embarking on a mission to boost its financial resources by securing $1 billion through a bond offering, according to a March 12 disclosure. This approach is cleverly designed to take advantage of the rising cryptocurrency market, prioritizing shareholder interests without compromise. The bonds, which are unsecured and convertible, will mature in 2030, giving investors the choice to convert their investment into Coinbase shares or cash. An additional option to purchase up to $150 million more in notes within 30 days is also available, catering to excess demand.