Coinbase is increasingly recognized for its influential role in the cryptocurrency sector, with a notable network of alumni contributing to the industry. Recent discussions highlight how former employees have founded approximately 100 startups, with 40 of these receiving backing from Coinbase Ventures. This extensive alumni network, often referred to as the 'Coinbase Mafia,' is seen as a significant asset for the company as it pursues its on-chain ambitions. The culture of innovation fostered by CEO Brian Armstrong is credited with encouraging this entrepreneurial spirit among former employees. Additionally, the company's smart wallets are reportedly experiencing substantial growth, further underscoring Coinbase's expanding influence in the crypto economy.