Brian Armstrong will sell part https://gagarin.news/ua/news/chainlink-will-not-support-the-ethereum-fork-on-po-w/ of Coinbase shares to finance scientific research

The head of the Coinbase cryptocurrency exchange Brian Armstrong will sell about 2% of its shares in the company to finance scientific and technological research during the year.

I’m Passionate ABOUT ACCELERATING SCIENCE AND TECH to Help Solve Some of the Biggest Challenges in the World. To Further this, I’m Planning to Sell ABOUT 2% of my Coinbase Holdings Over the Next Year to Fund Scientific Research and Companies Like @newlimit + @ResearchHub

– Brian Armstrong (@brian_armstrong) October 15, 2022

“I passionately wish to speed up the development of science and technology to help solve some of the most significant problems in the world. To do this, over the next year I plan to sell about 2% of my assets in Coinbase to finance research and companies such as NewLimit and Researchhub, ”he wrote.

NewLimit is a biotechnological company that focuses on developments in the field of extension of human life. Researchhub positions itself as “github for scientists” – the platform allows you to publish research and discuss their results.

According to the documents for the US Securities and Exchange Commission, in April 2022, Armstrong owned 16% of Coinbase shares. The voting share of CEO was almost 60%.

The head of the exchange emphasized that he did not intend to leave the post of leader and plans to stay in this chair for “very long”.

Recall that in May 2022, the journalists of The Wall Street Journal calculated that the top managers of Coinbase totally implemented shares worth $ 1.2 billion from IPO to February.

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