The S&P 500 has reached a remarkable height, exceeding 7,534 points, representing a 75% increase over the past five years, yet many individuals remain locked out of this upward trend. Brian Armstrong, CEO of Coinbase, argues that this situation reflects a deeply entrenched Wall Street monopoly that tokenization could dismantle.
Armstrong emphasizes the challenges that prevent billions of people from investing in major U.S. companies. High barriers such as geographic restrictions, intricate compliance regulations, and outdated brokerage systems often mean that access to share ownership is limited to a privileged few. He stated, “Imagine being on the sidelines of this growth,” which resonates with the reality for many investors globally.
Surveying the space, experts contend that more than half of adults in developing nations are entirely excluded from the global capital markets, a stark reminder of the inequality present in financial accessibility. In response, Coinbase has introduced its
