Tokenized Assets to Give Birth to New Financial Companies, Says Coinbase CEO
Coinbase CEO Brian Armstrong has made a prediction about the future of financial companies. In a recent post on X, he suggested that tokenized assets will give birth to entirely new financial companies.
Armstrong drew an analogy between the emergence of new companies after the iPhone's release and the potential for new financial companies to arise from tokenized assets on blockchain networks.
The CEO highlighted the benefits of tokenization, including global access, improved usability, and 24/7 trading. However, he also acknowledged that unforeseen new financial companies will be established on top of these advantages.