Coinbase Global, Inc. Q4 FY2021 Earnings Call

Operator: Good afternoon. My name is Mel, and I will be your conference operator today. At this time, I would like to welcome everyone to the Coinbase Fourth Quarter and Full Year 2021 Earnings Call. [Operator instructions] Anil Gupta, Vice President, Investor Relations, you may begin your conference. Anil Gupta: Thank you. Good afternoon, and welcome to the Coinbase fourth quarter and full year 2021 earnings call. Joining me on today’s call are Brian Armstrong, Co-Founder and CEO; Emilie Choi, President, and COO; and Alesia Haas, CFO. I hope you have all had the opportunity to read our shareholder letter, which was published on our IR site earlier today. Before we get started, I’d like to remind you that during today’s call, we may make forward-looking statements. Actual results may vary materially from today’s statements. Information concerning risks, uncertainties, and other factors that could cause these results to differ from these forward-looking statements is included in our SEC filings and shareholder letter available on our IR website. Our discussions today will include references to adjusted EBITDA, a non-GAAP financial measure. Non-GAAP financial measures should be considered in addition to, not as a substitute for, or in isolation from GAAP measures. You can find additional disclosures regarding adjusted EBITDA, including a reconciliation to net income the comparable GAAP measure in our shareholder letter. We are once again, using say technologies to enable all sh