Paul Grewal, the Chief Legal Officer of Coinbase Global Inc (NASDAQ:COIN), has sold 10,000 shares of the company on December 4, 2023.
A lot of companies wanted to carry the Web3 tag while the crypto market was hot, but now companies are running toward the new hottest trend on the market -- artificial intelligence. For long-term investors, this presents opportunities in the one publicly traded company that's focused on Web3 -- Coinbase (NASDAQ: COIN). The crypto business has been down big since the peak in late 2021, and Coinbase has had to make several changes.
Alphabet, Meta Platforms and Coinbase have been highlighted in this Investment Ideas article.