Coinbase Chief Executive Officer Brian Armstrong said roughly 4 billion people around the world do not have brokerage accounts and therefore cannot access U.S. stocks. He said tokenization could address that access problem. The comment points to a broader case for blockchain in financial inclusion: by turning traditional assets such as equities into tokens, market access could extend to a much wider global population. The remarks were cited by Techub News, which referenced Cointelegraph.
Techub News reported that Coinbase CEO Brian Armstrong said about 4 billion people globally do not have brokerage accounts and cannot access U.S. stocks. He said tokenization could solve that access barrier.
The comment highlights blockchain's potential role in financial inclusion. In this view, tokenizing traditional assets such as stocks could allow a broader share of the global population to invest in U.S. capital markets.
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