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Armstrong says Wall Street still underestimates Coinbase amid crypto disruption
Coinbase CEO Brian Armstrong said traditional finance continues to underestimate the crypto exchange as digital assets challenge legacy banking models. In a post on X following an analyst AMA session, Armstrong described the situation as a classic “innovator’s dilemma,” arguing that some institutions are embracing crypto while others view it as a threat, reports Crypto News. He noted that five global systemically important banks are now working with Coinbase, and said roughly half of major financial institutions are leaning into digital assets as regulatory clarity improves. Armstrong compared crypto’s rise ... (full story)
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