Brian Armstrong, CEO of the largest (and only public trading) US-based cryptocurrency exchange, shares optimism about the future merger of crypto and traditional market assets.
Cryptocurs all assets can be made more efficient: Armstrong
Coinbase CEO was invited to share excerpts from a recent podcast and to be interviewed. So Armstrong expressed the opinion that most average crypto holders and the top management probably share.
Armstrong believes that sooner or later, all asset classes and all capital formations will be on-chain.
Armstrong is confident that this mass transfer of capital will ultimately take place as these assets (stocks, commodities, etc.) function more efficiently in the chain.
For each Armstrong, here’s how it all starts:
Armstrong believes this transition will begin gradually. Without the active participation of the owners of these assets, nothing will happen.
First, he said that large companies would choose blockchain to raise capital. Coinbase CEO believes this will ultimately become a “well-trampled path.” The rest of the companies will follow their example, the chief executive said. Cryptocurrency exchanges begin working with those companies and create crypto derivatives based on the assets they issue. Therefore, blockchain effectively helps them raise funds and attract new investors.
