Coinbase CEO: tokenisation is the future of finance

Coinbase founder Brian Armstrong states that tokenisation and moving assets to blockchains will shape the future of finance. According to Armstrong, this is about much more than just 24/7 trading. He points out that more than four billion people worldwide do not have access to the best financial markets.

Armstrong sees two key advantages. Firstly, he views the shift to 24/7 markets as positive for the global financial system. Crypto, according to him, has already shown that this is possible and serves as a source of inspiration for traditional markets. This ties in with the recent growth in the crypto market, where platforms like Coinbase themselves play a pioneering role.

In short:

• Tokenisation of assets gives billions of people access to global financial markets
• 24/7 trading is becoming increasingly common in traditional finance, thanks to crypto as an example
• Armstrong sees on-chain assets and tokenisation as the future of global finance

On-chain assets increase financial inclusion

Armstrong’s core argument is that tokenisation can remove the access barrier for billions of people. When assets go on-chain, users no longer have to rely on traditional intermediaries that are missing or inaccessible in many regions.

This could, for example, mean that someone in a country with limited banking infrastructure gains direct access to investments, stocks or other financial products via blockchain. The technology makes it possible to offer these assets globally without geographic restrictions.

Crypto as a catalyst for traditional markets

Armstrong emphasises that cryptocurrency is not only relevant in its own right, but also forces traditional financial markets to adapt. The success of 24/7 trading in crypto shows that this model works and can be profitable.

This puts traditional exchanges and financial institutions under pressure to offer the same possibilities. The pressure to enable continuous trading grows as more assets become available as tokens on blockchains.