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- 🎉 The #CandyDrop Futures Challenge is live — join now to share a 6 BTC prize pool!
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a16z crypto transferred 300,000 COMP to Coinbase Prime in the last 40 minutes.
BlockBeats news, on June 28, according to on-chain data analyst Yu Jin's monitoring, the crypto venture capital firm a16z crypto transferred 300,000 COMP (approximately 13.75 million USD) to Coinbase Prime in the past 40 minutes. It is reported that a16z is the leading investor in Compound, having invested in March 2020 to acquire 1 million COMP (10% of the total COMP supply). After this transfer of 300,000 COMP, a16z still holds 500,000 COMP (approximately 22.9 million USD).