Coinbase CEO Brian Armstrong said the financial system still requires major upgrades, as he emphasized that significant technological innovation and policy work will be needed to achieve them.<\/p>\n
In a post on X, Armstrong flagged several areas where he believes the industry must evolve, including the tokenization of real-world assets (RWA), 24\/7 global trading, stablecoin-powered payments, AI-driven financial services, and innovation-friendly regulation.<\/p>\n
Armstrong stated<\/a> that tokenizing assets such as real estate, stocks, bonds, and funds on blockchain networks enables instant settlement, fractional ownership, and broader distribution. Financial institutions are increasingly exploring tokenization as a way to modernize settlement processes, asset ownership, and investor access while remaining compliant with existing legal and financial frameworks.<\/p>\n The IMF said in an April 2 note that tokenization represents a fundamental reconfiguration of financial architecture. Industry forecasts also estimate that the RWA tokenization market could reach $5 trillion by 2030, driven largely by tokenized treasuries.<\/p>\n Chainlink\u2019s Sergey Nazarov previously said<\/a> that the migration of real-world assets onto blockchain networks is continuing regardless of movements in crypto prices. He also pointed to the growth of on-chain perpetual markets tied to commodities such as silver, and added that these markets are becoming increasingly competitive with traditional financial systems.<\/p>\n Armstrong also called for 24\/7 global trading with pooled liquidity, improved leverage, and greater capital efficiency. In terms of payments, he said stablecoins could support near-instant and low-cost global transfers, including agentic payments.<\/p>\n The Coinbase CEO further highlighted<\/a> the role of AI-powered systems in improving risk management, credit, compliance, fraud prevention, and financial advice while expanding access to capital. Interestingly, Coinbase has already slashed around 14% of its workforce as it moved toward becoming a more AI-focused company. Armstrong had earlier said AI tools were allowing smaller teams to complete work faster, automate tasks, and operate more efficiently across the company.<\/p>\n On regulation, the exec argued for a move away from one-size-fits-all frameworks toward risk-based rules that encourage innovation and competition. He also advocated for open protocols and self-custodial wallets to expand financial access to anyone with a smartphone.<\/p>\n Armstrong additionally pointed to easier capital formation for startups and described \u201csound money\u201d as a refuge from inflation when discipline weakens in fiat currencies.<\/p>\n The post Coinbase CEO Reveals What Still Needs to Change Before Finance Truly Evolves<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":" Coinbase CEO Brian Armstrong said the financial system still requires major upgrades, as he emphasized that significant technological innovation and policy work will be needed to achieve them. In a post on X, Armstrong flagged several areas where he believes the industry must evolve, including the tokenization of real-world assets (RWA), 24\/7 global trading, stablecoin-powered […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-170328","post","type-post","status-publish","format-standard","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/170328"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=170328"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/170328\/revisions"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=170328"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=170328"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=170328"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}AI-Powered Finance<\/h2>\n