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Coinbase wants to bring the entire startup lifecycle onchain, CEO Armstrong says

Cointelegraph
Coinbase CEO Brian Armstrong envisions moving the entire startup lifecycle, from incorporation to public trading, onto the blockchain.

Summary

Coinbase CEO Brian Armstrong detailed an ambitious vision to transition the entire startup lifecycle—incorporation, fundraising, and public trading—onto the blockchain. Speaking on the TBPN podcast, Armstrong suggested an onchain ecosystem where founders could incorporate, raise seed rounds instantly in USDC via smart contracts, and eventually go public through tokenized equity, bypassing traditional intermediaries like banks and lawyers for global transfers. He believes this shift will make capital formation "more efficient, more fair, more transparent." This initiative leverages Coinbase's acquisition of the fundraising platform Echo, which has already helped projects raise over $200 million. Armstrong noted that Coinbase is also collaborating with US regulators to address current accredited investor rules, which he feels are "unfair," aiming to balance consumer protection with broader retail access to early-stage opportunities.

(Source:Cointelegraph)