Coinbase CEO: The financial system still needs updates in areas such as real-world asset tokenization and global trading

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Odaily Planet Daily News reports that Coinbase CEO Brian Armstrong stated on the X platform that the financial system still needs updates in areas such as real-world asset tokenization, 24/7 global trading, next-generation payments, AI-driven risk and credit, compliance and consulting, innovation-friendly regulation, expanded access, and capital formation, including bringing assets like real estate, stocks, bonds, and funds onto the blockchain, enabling instant settlement, fractional ownership, and large-scale distribution; achieving near-instant, low-cost global transfers through stablecoins; reducing intermediaries with open protocols, and expanding financial access to smartphone users through self-custody wallets. Before these capabilities are accessible to everyone, the related work is not yet complete and requires significant technological innovation and policy efforts.
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