Coinbase CEO: The vast majority of his personal net worth remains in Coinbase stock

Cointelegraph News report, Coinbase CEO Brian Armstrong revealed that the majority of his net worth is still concentrated in Coinbase stock. Although after 13 years he realizes it's not rational to have nearly all his net worth tied to a single stock, he has already made some reductions to lower concentration risk and used part of the proceeds to fund startups. He still holds the majority of his net worth in Coinbase (COIN) stock, maintaining his long-term confidence in the company.