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

The Cointelegraph ​

Cryptocoins News / The Cointelegraph ​ 19 Views

Coinbase CEO Brian Armstrong said onchain fundraising could make capital formation “more efficient, fair, and transparent.”

Coinbase CEO Brian Armstrong has outlined an ambitious plan to move every stage of a startup’s journey, from incorporation to fundraising and public trading, onto the blockchain.

Speaking on the TBPN podcast, Armstrong described his vision for an onchain lifecycle where founders could incorporate their startups, raise seed rounds, receive instant capital in USDC (USDC) and eventually go public through tokenized equity.

“You can imagine this whole life cycle coming onchain,” he said, adding that such a shift could “increase the number of companies who go raise capital and get started out there in the world.”

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