Coinbase CEO Brian Armstrong shared his planned remarks for CNBC after the network cut his segment short to cover Nvidia CEO Jensen Huang's resignation. Armstrong emphasized that security remains the top concern for Coinbase clients, highlighting the company's extensive licenses and use of advanced AI models for defense. He noted that over 99% of crypto stored by Coinbase is kept in cold storage, ensuring robust protection against potential breaches.
Armstrong expressed strong optimism about the future of agentic finance (AiFi), predicting that AI agents will soon outnumber humans in the economy. He cited forecasts suggesting these agents could process $3 trillion to $5 trillion in transactions by 2030. Armstrong also highlighted the growing popularity of tokenized stocks on Base, with trading volumes exceeding $5 billion, and praised regulators for enabling equity perpetual futures in the U.S.
In closing, Armstrong announced the upcoming return of Coinbase Pro, which was shut down in 2022, signaling a significant upgrade in trading capabilities for U.S. users.