Coinbase CEO: The financial system still needs updates in eight areas, including tokenization and 24/7 trading.

CoinFeed reported on May 25th that Coinbase CEO Brian Armstrong, in an article on the X platform, listed eight areas where the financial system still needs upgrading/updating: Tokenization of real-world assets: Putting real estate, stocks, bonds, funds, etc., on-chain to achieve instant settlement, fragmented ownership, and large-scale distribution. 24/7 global trading: Aggregating global liquidity, allowing participation from every asset and every individual, with good leverage and capital efficiency. Next-generation payments: Using stablecoins for near-instant, low-cost global transfers, including proxy payments. AI-driven risk, credit, compliance, and investment advice: Better decision-making, less fraud, broader access to capital, and access to quality financial advisors for everyone. Regulation supporting innovation: Moving from a one-size-fits-all approach to risk-based rules, encouraging innovation and competition rather than stifling it.