Coinbase has officially launched its comprehensive business platform, Coinbase Business, in Singapore, marking a significant step in expanding its global B2B services. The project has received backing from the Monetary Authority of Singapore (MAS) and banking partner Standard Chartered.
Initially unveiled in June 2025, Coinbase Business is designed as a “cryptocurrency settlement account” tailored for startups and small enterprises. The platform allows businesses to send, receive, and manage payments in digital assets, offering automation for financial transactions through a single account.
Beyond basic payments, Coinbase Business provides features such as staking and multi-user access, enabling multiple employees to work within the same account. Integration with accounting tools like QuickBooks and Xero is facilitated through partnerships with Cointracker and Crypto Tax Calculator, allowing seamless bookkeeping and tax reporting.
“B2B payments are moving toward faster, more cost-efficient, and programmable solutions powered by cryptocurrency. Our platform combines payments, asset management, and financial reporting into one unified system, offering both power and simplicity,” the company stated.
The Singapore launch is part of a wider government initiative called BLOOM, which aims to encourage innovative payment solutions. As part of this effort, Coinbase collaborates closely with MAS to ensure compliance and operational efficiency.
Partnership with Standard Chartered ensures smooth fiat currency flows for platform users, bridging traditional banking infrastructure with crypto-enabled business services.
Coinbase’s leadership has previously indicated plans to transform the exchange into a financial superapp, a strategy that includes support for primary coin offerings (ICOs) and other enterprise-focused services. The Singapore rollout of Coinbase Business represents a tangible step toward realizing this vision.
