Coinbase CEO to Sell 2% Stake In Next Year For Science Research
Brian Armstrong
Photographer: Samyukta Lakshmi/BloombergThis article is for subscribers only.
Coinbase Global Inc. chief executive officer Brian Armstrong plans to sell about 2% of his holdings in the company over the next year to fund scientific research, he said on Twitter late Friday.
Armstrong owns 16% of Coinbase and controls 59.5% of its voting shares, according to the company’s 2022 proxy statement.