According to BlockBeats, on July 11, according to Nansen data, since Aerodrome announced that Coinbase Ventures purchased AERO tokens on the market, the Coinbase Ventures address has purchased at least 4.7 million AERO tokens, worth about US$2.7 million.

Aerodrome previously announced that the Base Ecosystem Fund is led by Coinbase Ventures and aims to invest in the next generation of on-chain projects built on the Base chain.