Salary information Both options are priced the same. Grewal didnt respond to a request for comment. The industry-leading media platform offering competitive intelligence to prepare for today and anticipate opportunities for future success. The Under-Appreciated Significance of Coinbase Going USV is also a backer of Scroll, an online ad-blocking startup acquired last week by Twitter Inc., a social media giant that plans to integrate the readership platform into its subscription-based services. Dynamically explore and compare data on law firms, companies, individual lawyers, and industry trends. Grewal currently owns roughly $856,000 in Coinbase stock, per Bloomberg Law data. The Centre Consortium backs USDC, the worlds largest stablecoin and one pegged to the U.S. dollar whose value last summer broke the $1 billion mark. Abraham, a former associate at Wachtell, Lipton, Rosen & Katz, joins Coinbase after four years at Mountain View, Calif.-based Kitty Hawk, which is backed by Alphabet Inc. co-founder Larry Page. [16] Grewal defended the layoffs, arguing that it needed to be done to "ensure we stay healthy during this economic downturn. Law.com Compass includes access to our exclusive industry reports, combining the unmatched expertise of our analyst team with ALMs deep bench of proprietary information to provide insights that cant be found anywhere else. Coinbase disclosed in securities filings last month that Grewal received more than $18 million in total compensation after being hired from Facebook Inc. Coinbase has tapped Fenwick & West to advise on its direct listing. Law.com Compass delivers you the full scope of information, from the rankings of the Am Law 200 and NLJ 500 to intricate details and comparisons of firms financials, staffing, clients, news and events. Coinbase Getting The Talent Balance Right: From Layoffs to Laterals to Mergers, How Can Firms Staff for Success? The company also this week announced its addition of a new non-lawyer head of capital markets in Brett Redfearn.