a16z transfers 300,000 COMP to Coinbase Prime, worth $13.75 million
06-28 03:45
Odaily News According to on-chain analyst Ember, a16z transferred 300,000 COMP (US$13.75 million) to Coinbase Prime in the past 40 minutes.
a16z is the lead investor in Compound, investing in March 2020 and acquiring 1 million COMP (10% of the total COMP).
After transferring out 300,000 COMP this time, a16z still holds 500,000 COMP (US$22.9 million).
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