Roughly $24,000 moved in and out of Coinbase Global over four weeks in the household of Rep. Ro Khanna, according to newly filed disclosures.
The California Democrat reported three transactions in COIN between Feb. 24 and March 23, 2026 — two purchases and one sale — each valued between $1,000 and $15,000. The trades were attributed to "DC," indicating they were made by a dependent child.
- Feb. 24, 2026: Buy — $1,001 to $15,000
- Mar. 23, 2026: Buy — $1,001 to $15,000
- Mar. 23, 2026: Sell — $1,001 to $15,000
The paired buy and sell on March 23 suggests at least part of the position was turned over the same day, a short-term move during a volatile stretch for the crypto exchange operator.
Trading During a Pullback
Coinbase, which trades on the Nasdaq and carries a market capitalization of $52.7 billion, is currently priced at $195.53. Over the past 52 weeks, shares have swung between $139.36 and $444.65 — a wide band reflecting the turbulence in cryptocurrency markets and shifting expectations around federal regulation.
In late February and March, crypto-related equities experienced renewed volatility as investors recalibrated expectations for interest rates and digital asset oversight. The timing of the Khanna household’s transactions places them squarely within that choppy period.
At least 11 lawmakers have reported trading Coinbase stock, making it one of the more widely held crypto-linked equities on Capitol Hill.
Committee Portfolio Overlaps
Khanna serves on the House Armed Services Committee, the House Committee on Oversight and Government Reform, and the House Select Committee on the Strategic Competition Between the United States and the Chinese Communist Party. He also sits on subcommittees covering cybersecurity, information technology, and innovation.
While Coinbase falls primarily under financial regulatory jurisdiction, digital assets increasingly intersect with cybersecurity policy, sanctions enforcement, and U.S.-China technology competition — areas regularly examined by panels on which Khanna serves. Lawmakers on oversight and cybersecurity panels often engage with federal agencies shaping crypto enforcement and digital asset security standards.
Under the STOCK Act, members of Congress must disclose stock transactions within 45 days, but they are not prohibited from trading individual equities.
Khanna has reported 17,672 career trades, placing him among the more actively disclosed members in Congress. The Coinbase activity represents a relatively small slice of that total but stands out for its compressed timeframe and same-day turnover.
Investors tracking congressional activity can review the latest congressional trades for additional context on how lawmakers are positioning around technology and crypto-linked stocks.
With Coinbase shares still well below their 52-week high yet significantly above last year’s lows, the March transactions reflect a household navigating a stock that continues to mirror the sharp swings of the broader digital asset market.