Coinbase Officials Sell $1.2 Billion Shares – WSJ

Two co-founders and two officials of Coinbase, one of the world’s largest cryptocurrency exchanges based in the USA, earned $ 1.2 billion in revenue by selling shares.

Since Coinbase’s IPO 1 year and 1 month have passed and the stock’s price is currently at its highest value. 78% is below.

According to the news of the Wall Street Journal, the company’s co-founders Brian Armstrong and Fred Ehrsam, as well as Operations Director Emilie Choi and Product Manager Surojit Chatterjee have so far totaled $1.2 billion shares sold stock.

With the opening of the US stock markets today, approximately 8% Coinbase stock, which has been on the rise, was between $ 200 and $ 400 last year, and in May up to $53 levels declined.

NasdaqCryptocurrency exchange listed on Coinbase’sin fiscal year 2021 7.8 billion dollars one of the leading magazines of business life by earning more than Fortune Prepared and published annually by largest US companies by revenue sorted by Fortune 500 on the list 437th place was disclosed.

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