# Coinbase co-founder joins rush for Venezuelan oil assets under US-backed framework

https://mins.news/en/item/43068

- CryptoSlate, 2026-09-03 03:50 UTC
- Economy
- Original: https://cryptoslate.com/coinbase-co-founder-joins-rush-for-venezuelan-oil-assets-under-new-us-backed-framework/

> Coinbase co-founder Fred Ehrsam’s separate investment firm, Primavera, is reportedly seeking control of at least three Venezuelan oil assets in the Orinoco Belt. Talks reportedly involve the Boca, Guico and Guara blocks, but no agreement or final terms have been established.

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