Coinbase CEO: Plans to sell about 2% of his shares within a year to fund research and related companies

ChainCatcher news, Coinbase CEO Brian Armstrong tweeted, "I am passionate about accelerating the development of science and technology to help solve some of the world's biggest challenges. To further this, I plan to sell about 2% of my Coinbase shares over the next year to fund scientific research and companies like NewLimit and ResearchHub."

He also stated, "To be clear, I intend to remain CEO of Coinbase for a long time, and I am still optimistic about cryptocurrency and Coinbase. I am fully committed to growing our business and advancing our mission, but I am also excited to contribute in different ways." (source link)