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Brian Armstrong, co-founder, chief executive officer, and chairman of the board at Coinbase, highlights that onchain capital formation is still one of the biggest opportunities within crypto.
He adds that efforts are underway to address this area.
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Earlier, Armstrong said Coinbase app users gained access to participate in IPOs via a new feature in the main menu, according to a recent update. He also stated that Coinbase is supporting more than 1,000 community banks with stablecoin integration through a partnership with Moov, as described in a previous announcement. These efforts reflect ongoing initiatives to expand crypto product offerings and infrastructure.