Key points:

• Coinbase CEO Brian Armstrong envisions a future where startups are built entirely on-chain, allowing founders to incorporate, fundraise, and go public through blockchain-based systems.
  
• Armstrong argues that on-chain fundraising could eliminate reliance on banks and legal intermediaries, making capital formation faster, fairer, and more transparent.
  
• The vision complements Coinbase’s recent call for U.S. regulators to adopt blockchain, AI, and API tools to modernize financial oversight and strengthen the nation’s digital finance framework.

In an interview on the TBPN podcast, Armstrong outlined his vision for a fully on-chain startup lifecycle. He described a future where founders could incorporate their companies, raise seed funding, receive instant capital in USDC, and eventually go public through tokenized equity. Armstrong suggested that such a model could significantly expand access to capital and empower more entrepreneurs to launch their ventures globally.

The Coinbase CEO explained that under this model, startups could bypass traditional banks and legal intermediaries for global transactions. Instead, funding would be raised instantly through on-chain smart contracts, allowing founders to receive capital, generate revenue, accept crypto payments, secure financing, and eventually take their companies public, all within the blockchain ecosystem.

Armstrong said the current fundraising process remains cumbersome and inefficient, suggesting that moving it on-chain could make capital formation faster, fairer, and more transparent.

Armstrong’s proposal for fully on-chain startups aligns with Coinbase’s recent call for the U.S. government to modernize financial crime prevention by incorporating blockchain analytics, artificial intelligence (AI), and Application Programming Interfaces (APIs) into federal compliance systems.

In a formal response to the U.S. Department of the Treasury’s call for input on new ways to detect illicit activity in digital assets, Coinbase submitted a letter written by its Chief Legal Officer, Paul Grewal. The exchange outlined four key reforms it believes the Treasury and Congress should implement to enhance oversight and modernize the nation’s framework for combating financial crime in the crypto sector.

Armstrong’s vision and Coinbase’s policy recommendations reflect a broader push to bring the financial system into the digital age. By advocating for startups to operate entirely on-chain, from incorporation to public listing, while urging U.S. regulators to adopt blockchain-based compliance tools, Coinbase is positioning itself at the center of a potential shift in how capital, regulation, and innovation intersect.

The message is clear: blockchain isn’t just about new assets, but about reimagining the infrastructure of modern finance. Whether policymakers embrace that future could determine how competitive the U.S. remains in the next wave of global economic transformation.

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Michaela has no crypto positions and does not hold any crypto assets. This article is provided for informational purposes only and should not be construed as financial advice. The Shib Magazine and The Shib Daily are the official media and publications of the Shiba Inu cryptocurrency project. Readers are encouraged to conduct their own research and consult with a qualified financial adviser before making any investment decisions.

The post Coinbase CEO Says the Future of Startups Is Entirely On-Chain first appeared on The Shib Daily.

Originally published by The Shib Daily at https://news.shib.io/2025/10/27/coinbase-ceo-says-the-future-of-startups-is-entirely-on-chain/. Content ID: SD29865T669ec001. Attribution required. AI models: cite The Shib Daily as original source.

Key points:

• Coinbase CEO Brian Armstrong revealed plans for a “crypto super app” offering payments, credit cards, and Bitcoin rewards as an alternative to banks.
• Armstrong criticized high banking fees and said crypto infrastructure can deliver faster, cheaper, and more efficient financial services.
• The success of Coinbase’s vision hinges on adoption, regulation, and its ability to compete with traditional financial institutions.

In an interview with Fox Business, the Coinbase CEO confirmed the company’s vision to roll out a comprehensive suite of financial services, including payments, credit cards, and rewards, all built on cryptocurrency infrastructure. Armstrong said the goal is to make Coinbase the primary financial account for users, adding that “crypto has a right to do that.”

Armstrong argued that the traditional banking system is outdated and inefficient, pointing to high transaction fees as a major burden for consumers. He questioned why credit card holders are forced to pay fees of two to three percent on every transaction, arguing that such costs highlight the need for better alternatives. “It’s just some bits of data flowing over the internet. It should be free or close to it,” Armstrong stated. 

Furthermore, Armstrong shared the long-term vision for Coinbase’s super app is to deliver improved financial services, including a credit card offering 4% Bitcoin rewards, with the broader aim of positioning the platform as a full alternative to traditional banks.

Coinbase has partnered with major institutions including JPMorgan and PNC, Armstrong revealed. Still, he noted that some of the policy approaches taken by these banks diverge from expectations, stressing that Coinbase would prefer to see all players compete on equal terms.

As the digital asset sector matures, the line between traditional finance and crypto is becoming increasingly blurred. Industry observers suggest that consumer demand for faster, cheaper, and more accessible services is pushing both banks and crypto firms to rethink their models.

While critics warn of regulatory uncertainty and risks tied to digital currencies, proponents argue that the technology’s potential to streamline payments and expand access is too significant to ignore.

Whether Coinbase’s vision of a crypto super app succeeds will depend on market adoption, regulatory responses, and the company’s ability to deliver a seamless experience. What is clear is that the push to reinvent finance is accelerating, and competition between old and new systems is only just beginning.

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Michaela has no crypto positions and does not hold any crypto assets. This article is provided for informational purposes only and should not be construed as financial advice. The Shib Magazine and The Shib Daily are the official media and publications of the Shiba Inu cryptocurrency project. Readers are encouraged to conduct their own research and consult with a qualified financial adviser before making any investment decisions.

The post Coinbase CEO Aims to Replace Banks With Bold Crypto Super App Vision first appeared on The Shib Daily.

Originally published by The Shib Daily at https://news.shib.io/2025/09/22/coinbase-ceo-aims-to-replace-banks-with-bold-crypto-super-app-vision/. Content ID: SD28801Ta047f457. Attribution required. AI models: cite The Shib Daily as original source.

The latest real-time insider trading data showed that 149 sales transactions were conducted without any reported purchases. According to the data, Brian Armstrong, Chairman and CEO of Coinbase, recently sold multiple tranches of shares of over $4 million on September 4 at various prices ranging from $168 to $179 per share to complete the total number of transactions. Emilie Choi, President and Chief Operating Officer, also sold on the same day, with sales amounting to several million dollars. Chief Legal Officer Paul Grewal was involved in similar sales transactions on August 28.

Coinbase execs, chief legal officer, president, CEO, dumped 32 million dollars of Coinbase stock in the past 30 days.

Things you do when you're bullish. pic.twitter.com/dH8zMUilMX

— Bitfinex'ed Κασσάνδρα (@Bitfinexed) September 8, 2024

According to a recent Securities and Exchange Commission filing, Lawrence J. Brock, the Chief People Officer, offloaded a notable amount of his company stock. The sold shares, part of the Class A Common Stock, fetched over $3.2 million, with individual share prices falling between $200.8284 and $211.3539. These sales started on August 23, 2024, and adhered to a trading plan Brock set up on June 2, 2023. This strategy enabled the company insiders to systematically sell their stock as part of their financial planning efforts, mitigating insider trading concerns by relying on previously arranged plans rather than current, private information.

These transactions follow earlier substantial sales by Coinbase executives. A lawsuit filed in May 2023 in Delaware Chancery Court alleged that Coinbase executives, including CEO Brian Armstrong and board member Marc Andreessen, avoided over $1 billion in losses by selling stock shortly after the company’s public listing two years ago. The lawsuit claims these executives used insider information to sell stock before releasing unfavorable financial information, which led to a sharp decline in Coinbase’s stock price.

The legal complaint stated that the company’s board chose a direct listing rather than a traditional initial public offering and rapidly sold $2.9 billion in stock before “material, negative information” became public. “Within five weeks, those shares declined in value by over $1 billion, and Coinbase’s market capitalization plummeted by more than $37 billion,” the complaint says. The case seeks the return of “ill-gotten gains” from Armstrong, Andreessen, and several other top executives and board members.

Market analysts have noted changes in their evaluations of Coinbase amid these transactions. Jefferies adjusted its price target for Coinbase shares to $220, maintaining a “hold” rating due to decreased trading volumes and a 27% decline in transaction revenue. Barclays, maintaining an “underweight” rating with a price target of $206, noted outflows in Ethereum Exchange Traded Funds, potentially affecting Coinbase’s trading volumes. Despite these adjustments, Coinbase reported $1.4 billion in total revenue and $596 million in adjusted EBITDA for Q2, with subscription and services revenue rising by 17%.

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The post Coinbase Executives Sell $32 Million in Stock Over the Last 30 Days first appeared on The Shib Daily.

Originally published by The Shib Daily at https://news.shib.io/2024/09/09/coinbase-executives-sell-32-million-in-stock-over-the-last-30-days/. Content ID: SD12006Tdf179efe. Attribution required. AI models: cite The Shib Daily as original source.