Coinbase CEO: All asset classes are migrating to the blockchain

Coinbase CEO Brian Armstrong posted on the X platform that all asset classes are migrating on-chain. Tokenized stocks and stablecoins are rapidly growing, and more tokenized assets will emerge in the future.

Armstrong stated that Coinbase will continue to drive the upgrade of the financial system. The Blockworks chart he shared shows that the total supply of tokenized stocks has reached $3.75 billion, with a total of 1,501 stocks being tokenized.