Former Coinbase CTO: Blockchain may replace Nasdaq as a new vehicle for equity in the future

ChainCatcher news, former Coinbase CTO Balaji stated in a post on X that many startups may try to raise funds in the future by issuing tokens as explicit crypto equity.

He pointed out that, from a technical perspective, representing equity on the blockchain has clear advantages, as investors can hold it in wallets, query pricing via APIs, and track it on blockchain explorers.

At the same time, founders can more easily execute operations such as dividend distribution, buybacks, and vesting plan management. He also suggested that founders should implement mechanisms such as lock-up periods and mandatory sell rights to ensure the long-term interests of investors and founders are aligned.