Coinbase CEO Reveals Eight-Fold Financial Vision, Business Strategy Aligns Fully with "Wall Street on Chain"

BlockBeats News, May 25th, Coinbase CEO Brian Armstrong unveiled the "Global Financial Upgrade" with eight visions, covering real-world asset tokenization, 24/7 global trading, stablecoin payments, AI-driven compliance, open protocols, capital formation, friendly regulations, and "sound money," among other directions. The content highly aligns with Coinbase's current product expansion roadmap.

It is reported that Coinbase is transitioning from a single cryptocurrency exchange platform to an "omnifinancial platform," with business expansion into stock perpetual contracts, prediction markets, stablecoin payments, and financial infrastructure. In March of this year, Coinbase launched Apple, Nvidia, and other U.S. stock perpetual contracts in some European regions; previously, it also collaborated with institutions such as Shopify, Stripe, Nium, and Citi to promote USDC cross-border payments and stablecoin settlements.

Furthermore, in January this year, Coinbase also launched a prediction market service supported by Kalshi, covering all 50 states in the U.S., allowing the trading of sports, political, and cultural event contracts. Bernstein predicts that the annual trading volume of the prediction market could reach $1 trillion by 2030.

However, Armstrong's concept of "sound money" has also sparked discussions within the Bitcoin community. The Bitcoin Bond Company CEO Pierre Rochard and Blockstream CEO Adam Back both stated that Bitcoin should be the core of the new financial system, rather than the "last resort."