The executive director of the largest US crypto exchange Coinbase shared the company's global plans to create a transparent financial system. Brian Armstrong expects cryptocurrency and blockchain exchange initiatives to attract at least 100 million people to the crypto community. This is the portal CoinDesk.
According to the expert, the company is able to change the law. The initiative of the exchange is capable of changing the world view of economic freedom. Coinbase has been implementing its plans for 10 years, assured Armstrong.
To create a new financial system, the company will continue to invest in cryptocurrency projects through its Coinbase Ventures incubator. This program brings together many companies that are also interested in developing the industry. Armstrong stressed that one exchange cannot change the situation.
Coinbase today has already invested in fifty startups, but almost every month there are new products and offers (security tokens, IEO) that need to be taken into account and accepted.
The head of the exchange also noted that the company is the largest custodian service. The exchange was able to achieve such successes due to strict adherence to all requirements from regulators. Coinbase is actively collaborating with traditional financial institutions, Armstrong added.
According to the expert, the main goal of the company is to create a brand that would deserve the trust of a billion people.