Coinbase CEO Brian Armstrong declared that all asset classes are migrating onchain, citing rapid growth in tokenized stocks and stablecoins. Speaking on X, Armstrong emphasized that more tokenized assets will emerge as Coinbase continues to push for upgrades to the traditional financial system.
Data shared by Armstrong via Blockworks shows the total supply of tokenized stocks has reached $3.75 billion, with 1,501 individual stocks now tokenized. The figures underscore accelerating adoption of blockchain-based representations of traditional securities.
Coinbase CEO Armstrong: All Asset Classes Are Migrating Onchain, Tokenized Stocks Hit $3.75B
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