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Coinbase CEO Armstrong’s Net Worth Is Between $7B and $15B: Report

The Coinbase CEO is among the world’s 500 richest people, according to Bloomberg.

Updated Sep 14, 2021, 12:18 p.m. Published Feb 27, 2021, 3:25 p.m.
Brian Armstrong speaks at Consensus 2019.
Brian Armstrong speaks at Consensus 2019.

Coinbase CEO Brian Armstrong’s net worth is between $7 billion and $15 billion based on recent private share sales that valued the cryptocurrency exchange at as much as $100 billion, according to a Bloomberg report Friday.

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Solana CME Futures Fell Short of BTC and ETH Debuts, but There's a Catch

Solana CME futures first-day activity compared to BTC and ETH debuts. (CME/K33 Research)

When adjusted for asset market capitalization SOL's relative futures volume looks better, K33 Research noted.

알아야 할 것:

  • Solana's SOL futures began trading on the Chicago Mercantile Exchange (CME) on Monday, with a notional daily volume of $12.3 million and $7.8 million in open interest, significantly lower than the debuts of bitcoin (BTC) and ether (ETH) futures.
  • Despite the seemingly lackluster debut, when adjusted to market value, SOL's first-day figures are more in line with BTC's and ETH's, according to K33 Research.
  • Despite the bearish market conditions, the launch of CME SOL futures offers new ways for institutions to manage their exposure to the token, said Joshua Lim of FalconX.