GDAX is a global digital asset exchange owned by Coinbase, a bitcoin company. On January 21, 2015, Fortune reported that Coinbase had raised $75 million in Series C funding, making it the largest funding round for a bitcoin company to date.

On January 27, 2015, the first regulated bitcoin exchange in the United States, created by Coinbase, was set to officially open on Monday.

On January 17, 2017, the head of the New York Department of Financial Services (NYDFS) announced the approval of Coinbases license application, officially authorizing the company to operate in New York State.