Thumzup Media Corporation Boosts Crypto Growth Through Expanded Coinbase Partnership
LOS ANGELES, Aug. 13, 2025 – Thumzup Media Corporation (Nasdaq: TZUP), a leading digital asset accumulator and innovator in advertising technology, announced today an expanded strategic relationship with Coinbase (Nasdaq: COIN) designed to accelerate its cryptocurrency accumulation and mining operations.
As part of this enhanced partnership, Coinbase Prime will continue to provide Thumzup with institutional-grade custody and prime brokerage services. Coinbase Prime is an integrated platform that streamlines trading, financing, and custody, while delivering advanced risk management and capital efficiency backed by New York Department of Financial Services (NYDFS) qualified custody.
In a key development preceding the announcement, Thumzup successfully closed a $50 million financing round at $10 per share. The funds raised are earmarked for diversifying Thumzup’s cryptocurrency portfolio and investing in cutting-edge mining rigs to foster the company’s growth in digital asset treasury management.
“Expanding our collaboration with Coinbase Prime reinforces our commitment to building one of the most strategically managed and growth-focused digital asset treasuries in the public markets,” said Robert Steele, CEO of Thumzup Media Corporation. “Coinbase Prime’s institutional infrastructure and expertise provide an unparalleled platform for execution as we scale both our crypto accumulation and mining operations.”
Since May 2025, Thumzup deepened its capital markets strategy by establishing a Bitcoin-backed credit facility with Coinbase Prime. This innovative credit solution provides Thumzup with flexible, non-dilutive capital access, supporting the company’s Digital Asset Treasury (DAT) strategy while enabling efficient cryptocurrency portfolio growth.
The company is authorized to allocate up to 90% of its liquid assets to cryptocurrencies, a move reflecting its aggressive posture toward digital asset accumulation and mining sector expansion. This elevated allocation limit combined with Coinbase’s institutional-grade trading and financing tools positions Thumzup to effectively capitalize on growth opportunities in the market.
Thumzup’s strategic alliance with Coinbase is emblematic of a growing trend among publicly traded companies to integrate advanced crypto infrastructure to maximize capital efficiency and portfolio diversification. With Coinbase Prime’s custody and execution capabilities, Thumzup aims to maintain robust risk controls while pursuing rapid expansion in digital assets.
Industry analysts view this partnership as a significant reinforcement of Thumzup’s competitive positioning in the cryptocurrency and digital asset ecosystem. The combined expertise and technology solutions from Coinbase Prime equip Thumzup with market-leading tools essential for navigating the dynamic crypto landscape.
Details of the funding round and partnership can be found in Thumzup’s filings and official communications released on August 13, 2025, positioning the company for an accelerated phase in both crypto asset accumulation and state-of-the-art mining activities.
For investors and market watchers, this development underscores the growing institutionalization of cryptocurrency strategies and highlights the increasing role of credit facilities and prime brokerage partnerships in enabling corporate crypto expansions.