Brian Armstrong: Financial system needs asset tokenization and global trading

Brian Armstrong: Financial system needs asset tokenization and global trading
Financial system needs crypto-based upgrades

Brian Armstrong, co-founder and chief executive officer at Coinbase, discusses key changes still required in the financial system. Armstrong highlights the need for tokenizing real-world assets such as real estate, stocks, bonds, and funds onchain to enable instant settlement, fractional ownership, and broad distribution.

He also points to the necessity of 24/7 global trading with pooled global liquidity.

Armstrong previously described a generational shift as the onchain economy gains momentum and new agentic platforms take hold, according to comments on the acceleration of onchain adoption. He also noted Coinbase’s evolution from a basic Bitcoin wallet to supporting millions of assets over the past 14 years, as outlined in an overview of the platform’s growth. These developments set the context for Armstrong’s calls for further changes in financial infrastructure.

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