U.S. National Economic Council Director Hassett Reveals Holding at Least $1 Million in Coinbase Stock

BlockBeats News, June 4th, according to Bloomberg, Kevin Hassett, one of the key economic advisers to U.S. President Donald Trump, disclosed in a financial disclosure document that he holds at least $1 million worth of shares in the U.S. cryptocurrency exchange Coinbase as an advisor.

The document shows that these Coinbase shares are listed as "vested shares." Based on the broad valuation range used by officials in the filing, Hassett's declared total assets are at least $7.6 million.

Note: Vested shares refer to shares or stock options that an employee or advisor fully owns based on their employment agreement or incentive plan. Once vested, the holder is free to exercise, sell, or transfer these shares.