Coinbase CEO Brian Armstrong publicly endorsed the tokenization of Coinbase's publicly traded stock, arguing that it would open ownership to a broader audience. "I want more people to be able to own it," Armstrong said in a recent post. "Why would I shut the door on a potential new group of shareholders? That clearly isn't smart business."
Armstrong emphasized that tokenizing the company's equity aligns with meeting customers where they are, signaling Coinbase's willingness to embrace blockchain-based financial infrastructure even for its own corporate securities. The comments position one of the largest US-listed crypto companies as an advocate for bringing traditional equities on-chain.
Coinbase CEO Brian Armstrong Backs Tokenizing Company Stock to Expand Shareholder Base
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