Brian Armstrong, CEO of Coinbase and crypto billionaire, is advocating for a major reform of U.S. investment laws, specifically targeting the accredited investor framework that restricts early private investment to wealthy individuals. He argues that the current system favors the rich by limiting ordinary Americans from investing in startups before they go public, thus missing out on significant gains. Armstrong proposes replacing wealth requirements with a financial literacy test or removing accreditation standards while maintaining fraud protections. This push comes amid growing criticism that the rules preserve wealth inequality and limit retail investor opportunities in high-growth private companies. A Senate vote on the CLARITY Act, supported by Coinbase, may influence future changes in retail investment access.
Investors shifted funds into financial stocks, with the XLF ETF rising 1.5%, while technology stocks fell, with the XLK ETF dropping 2.8%, as markets anticipated the first Federal Reserve policy meeting under new Chairman Kevin Warsh. Chip stocks led...
Coinbase Ventures has invested in Multipli, a protocol focused on tokenizing real-world assets like gold and stocks to enable more efficient borrowing and yield generation. Multipli manages around $300 million in assets and aims to reduce borrowing c...
Coinbase is broadening its market reach by launching tokenized equities for non-US customers, providing direct exposure to stocks with dividend rights via blockchain. This move aims to tap into a global audience of around 4 billion people without acc...
Zoomex, a global crypto derivatives exchange, has introduced Zoomex Stocks, allowing users to trade tokenized versions of major U.S. equities and ETFs using USDT within a single account. This move responds to a market shift as institutional capital f...
Coinbase shares have fallen 29.34% year to date amid a downturn in the crypto market, with Q1 2026 revenue dropping 30.54% year over year and a net loss of $394 million. Despite this, Coinbase is expanding its offerings, including prediction markets ...
