Coinbase CEO: "Traditional Financial System Needs RWA"

Brian Armstrong, CEO of Coinbase, the largest cryptocurrency exchange in the U.S., mentioned the following key areas of the traditional financial system that still require updates via X: Tokenization of Real Assets (RWA), 24/7 global trading, next-generation payment systems utilizing stablecoins, AI-based risk, credit, compliance, and advisory services, innovation-friendly regulations, increased accessibility, low-cost capital raising accessible to everyone, and sound money (money that cannot be printed at will by governments or central banks and preserves its long-term value). In this regard, he emphasized, "There is still a long way to go before all of these work properly within the financial system. Realizing this requires a tremendous level of technological innovation and policy efforts."