Brian Armstrong says all assets are moving onchain as tokenized stocks surge

Coinbase co-founder and CEO Brian Armstrong noted on X that all asset classes are moving onchain as tokenized stocks gain momentum. He commented, “All asset classes are moving onchain. Tokenized stocks and stablecoins (which are really just tokenized fiat currency) are growing fast, with more to come.” Earlier, in late September, the executive had also highlighted the surging demand for their tokenized U.S. stocks. Coinbase’s offerings enjoyed a massive launch, with their holder count on the Base network skyrocketing by 9,697% in a single month. Speaking on the number of holders, Armstrong said, “Very early days, but good traction so far.” Coinbase introduced four stocks for its first batch in August Coinbase introduced tokenized assets to eligible users worldwide outside the USA in August.

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