# Wallet Linked to Compound Co-Founder Adds 40,000 COMP

By Enna Lee

Canonical URL: https://www.tokenpost.com/news/investing/42758
Published: 2026-10-28T16:47:19.000Z
Updated: 2026-10-28T16:47:19.000Z
Section: Investing

> The wallet now holds about 55,000 COMP worth nearly $1.2 million; the acquisition involved Genesis Trading and another address.

A wallet associated with Compound co-founder Robert Leshner acquired 40,000 Compound (COMP) on Oct. 28, bringing its balance to about 55,000 tokens worth nearly $1.2 million.

The acquisition involved Genesis Trading and a second address whose identity was not disclosed. The tokens were valued at nearly $900,000.

Leshner transferred 15,000 COMP to the wallet two years ago. The wallet has not sold COMP during that period, even as the token’s price fell more than 50% at one point.