Coinbase CEO to Sell 2% of His Coinbase Holdings to Fund Scientific Research Companies

Coinbase CEO Brian Armstrong announced on Twitter that he plans to sell about 2% of his Coinbase holdings over the next year to fund scientific research and companies like NewLimit and ResearchHub. He also added, "For the avoidance of doubt, I intend to be CEO of Coinbase for a very long time and I remain super bullish on crypto and Coinbase. I'm fully dedicated to growing our business and advancing our mission, but I am also excited to contribute in a different way."