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REGULATION
by
3 years ago

Armstrong’s decision to sell 2% of his Coinbase holding over the next 12 months … Why?

2022-10-26

REGULATION
by
3 years ago


After Brian Armstrong, the co-founder, and chief executive officer of Coinbase took to his Twitter “To sell about 2% of my Coinbase holdings over the next year to fund scientific research and companies like Newlimit and researchhub”, It indicates his attention to improve the human sciences and help to solve some of the biggest challenges in the word. This is a worth project that is eye-watering in the future. 


 

 

According to interesting reason is that he wants to fund scientific research and company including Newlimit and researchhub. Referring to 2% he wants to sell of total about 19% of the overview of Coinbase’s shares.

Although this is a small plan to sell his Coinbase stocks, Brian Armstrong said: “he plans to be the CEO of the exchange for a very long time.” While Coin’s stock price surged after Google said that they were partnered with Coinbase to allow customers to pay for could services by using cryptocurrency. 


Source link:  cryptopotato.com and coinmarketcap.com

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