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Learning & News => News related to Crypto => Articles about Cryptocurrency => Topic started by: coinnews on October 22, 2022, 10:45:43 AM

Title: Coinbase CEO Brian Armstrong Will Sell His 2% Stake
Post by: coinnews on October 22, 2022, 10:45:43 AM

Coinbase CEO Brian Armstrong announced on Saturday (Oct 15) that he intends to sell his 2% stake in the company over the next year to fund technological and scientific advancements.

Brian Armstrong seeks to support scientific research through his co-founded companies, such as biotechnology firm NewLimit and scientific research firm ResearchHub. He owns 16% of Coinbase and controls 59.5% of voting rights, according to the company's 2022 proxy statement.

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[https://www.coingabbar.com/en/crypto-currency-news-english/coinbase-ceo-brian-armstrong-will-sell-stake]