Coinbase co-founder Fred Ehrsam’s Venezuela investment firm Primavera is reportedly pursuing operating control of three Orinoco Belt oil fields as Caracas reallocates energy projects under a U.S.-backed restructuring. Bloomberg reporting on Sept. 1 said Ehrsam was seeking control of at least three fields run by Alvorada Heavy Industries in the Boca, Guico and Guara blocks, citing people familiar with nonpublic talks; Reuters on Sept. 2 said Primavera was among companies expected to sign Venezuelan energy agreements as soon as that day, without naming the fields. Neither Coinbase nor Paradigm has been identified as a bidder, and no blockchain, cryptocurrency, or digital-payments component has been established for the reported transaction, though Ehrsam remains a Coinbase director and a Paradigm co-founder and senior advisor. The talks sit inside a wider handover in which a White House fact sheet said interim authorities granted North American Blue Energy Partners 100-year concessions on 17 fields, with a 35% U.S. government equity stake, preferential purchase rights over production, and veto power over board appointments—an authority analysts told the Associated Press is already contested because the National Assembly had not approved the wider arrangement. Boca, Guico, and Guara remain reported targets under negotiation until any executed agreement defines assets and terms.