Coinbase CEO Says Future Financial System Needs 8 Upgrades, Including RWA Tokenization

Coinbase Chief Executive Officer Brian Armstrong said the future financial system will require major changes, including the tokenization of real-world assets.

In a post on X on May 25, Armstrong wrote that the current financial system has not yet completed eight core upgrades.

He identified key priorities including real-world asset tokenization, a 24/7 global trading system, stablecoin-based payments, artificial intelligence-based financial services, self-custody wallets and an innovation-friendly regulatory framework.

Armstrong said making all of those elements work properly within the financial system would require a massive level of technological innovation and policy effort. He also said the financial system of the future will be more global, more on-chain and more automated than it is today.