Coinbase CEO Backs Tokenizing COIN Stock to Broaden the Company's Shareholder Base Coinbase CEO Brian Armstrong said on X that he supports tokenizing Coinbase stock because he…
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Coinbase CEO Backs Tokenizing COIN Stock to Broaden the Company's Shareholder Base Coinbase CEO Brian Armstrong said on X that he supports tokenizing Coinbase stock because he wants more people to ow…
Coinbase CEO Backs Tokenizing COIN Stock to Broaden the Company's Shareholder Base Coinbase CEO Brian Armstrong said on X that he supports tokenizing Coinbase stock because he wants more people to own shares in the company. He argued that alienating a potential new category of shareholders is bad for business and that companies should meet customers where they are. Meanwhile, 67 companies, including Apple, Tesla, Nvidia, and Meta, have objected to their own shares being tokenized and traded on OKXICE, a joint venture between OKX and Intercontinental Exchange (ICE). These include 56 of the 62 companies initially targeted by the platform, or approximately 90.3%.
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