The CEO of Coinbase, Brian Armstrong, has once again shared his insights on the current progress of the cryptocurrency domain. In his latest interview, Armstrong shares insights on the future of crypto, stating that the domain is meant for a bigger purpose than it’s usually projected to be. Furthermore, Armstrong shared that the future of crypto is much bigger and more prosperous, with a significant element of tokenization driving the domain forward.

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Armstrong Predicts the Future of Crypto

Coinbase CEO Brian Armstrong
Source: Techstory.in / VanityFair

As per the latest post shared by CryptosRUs, Brian Armstrong has predicted a revolutionary future, one that involves the entire financial sector going on-chain. He shared how the market is now evolving with leading financial elements ready to embrace a new on-chain future, modernizing how money is raised alongside reinventing payments.

“COINBASE CEO: THE ENTIRE FINANCIAL SYSTEM IS GOING ON-CHAIN. Brian Armstrong says private companies are staying private longer. Demand for capital keeps rising. And crypto is the tech that will modernize how money is raised. Just like it already reinvented payments.”

Armstrong later added how Coinbase is betting big on tokenization, stating that this new element is bound to change the future of crypto for good.

“He says Coinbase is betting big on tokenization because every asset—stocks, funds, private equity—will eventually move on-chain. And Coinbase is already powering 80%+ of crypto ETFs. Giving them a front-row position to run the rails for tokenized markets.”

Adoption Boom for Crypto?

Armstrong’s future prediction for the market can be a game-changing development for the cryptocurrency domain. If payments and financial sectors opt for tokenization, major blockchains like Bitcoin and Ethereum may end up scaling high, with some of the money rotating into altcoins, bolstering the entire market in tandem.

“And here’s the part the market should pay attention to. If the financial system moves on-chain. ETH, $SOL, and #Base are the biggest winners. The networks with the speed, liquidity, and developer base to actually host tokenized assets at scale.” CryptosRUs was later added.

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