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Coinbase CEO Sells Shares to Fund Life Extension and Research Companies

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On February 15, Brian Armstrong, CEO of Coinbase, was fulfilling his commitment to sell the company\’s shares to fund new enterprises. In October last year, Arm…

Coinbase CEO Sells Shares to Fund Life Extension and Research Companies

On February 15, Brian Armstrong, CEO of Coinbase, was fulfilling his commitment to sell the company’s shares to fund new enterprises. In October last year, Armstrong promised to sell 2% of its total shares in Coinbase next year, and the proceeds will be used for the life extension company New Limit and research hub, which he co-founded.

Coinbase CEO continues to sell Coinbase shares to fund startups

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Brian Armstrong, the CEO of Coinbase, has pledged to sell 2% of the company’s total shares to fund his new ventures – a life extension company called New Limit and a research hub. Armstrong announced his commitment last year and has now sold these shares on February 15, 2021.

This move by the CEO of one of the world’s leading cryptocurrency exchanges shows how committed he is to his new businesses. The decision to sell his shares in Coinbase will provide the necessary funding for the research and development of these new companies. Armstrong has already shown his interest in and dedication towards emerging technologies and innovation, making this move a natural one for him.

It is interesting to note that Armstrong has chosen to fund a life extension company. This shows his interest in exploring new ways of extending human life, which indicates his belief in the power of technology and science to make a significant impact on human well-being. This will no doubt put Armstrong and the companies he is funding at the forefront of bioengineering and regenerative medicine.

The CEO’s move also highlights the importance of funding research in cutting-edge scientific fields. He realizes the positive impact that the advancement of science and technology has on human life and how it can create a better future for all. This stance is critical in a world where funding for scientific research is often underfunded, and there is a lack of support for new ventures.

In summary, Armstrong’s decision to sell Coinbase’s shares to fund his new businesses shows his commitment to his ventures as well as his belief in the power of technology and science to make a positive impact on human life. This move also highlights the significance of funding scientific research for the advent of new technologies and innovations that can shape the future.

In conclusion, the article is an illustration of the growing trend of tech billionaires funding scientific research to solve real-world problems. The title of the article is “Coinbase CEO Sells Shares to Fund Life Extension and Research Companies,” and the keywords are Coinbase, CEO, shares, sell, commitment, New Limit, research hub, life extension, funding.

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