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Market
What will be Coinbase's market position among crypto exchanges by end of 2024?
2
Resolution / Starting Odds
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Market capitalization data and industry reports
Story
Coinbase CEO Brian Armstrong to Retain Majority Stake While Selling 10% for Diversification into Moonshot Projects, $COIN
Nov 3, 2024, 10:41 AM
Coinbase CEO Brian Armstrong has announced plans to diversify his investments while retaining the majority of his holdings in Coinbase. In a recent disclosure, Armstrong indicated that he will implement a 10b5-1 plan, which involves selling approximately 10% of his Coinbase shares to make room for investments in 'moonshot' projects. Despite this move, he emphasized that he will maintain a significant stake in the company. Additionally, Coinbase has been noted for its substantial political donations, further solidifying its influence in the sector.
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