Brian Armstrong would like to see Coinbase public company


Brian Armstrong would like to see Coinbase public company

At the conference TechCrunch Disrupt in San Francisco, Coinbase CEO Brian Armstrong has demonstrated its ambitions in the future of cryptocurrency exchanges — he would like to turn it into an open joint stock company.

Armstrong said:

“Our company is self-sufficient, and we have received a good profit. At the moment we have no plans to raise additional capital, although we do not promise… And one day I’d like to manage a public company”.

Armstrong added that Coinbase is, in fact, and so took a course on openness, and it is possible that the securities could be traded on the blockchain on its own platform of his brainchild:

I think this is consistent with our strategic objectives because we are committed to an open financial system. We could make tokens of companies in their quotes, and instead of the usual table of capitalization could be seen licenzirovanie, although no specific decisions on this issue have not yet.

This innovative approach is consistent with the image of Coinbase as an early player in cryptopone. Coinbase has become the first exchange-traded company that reached a cost of a billion dollars ($1.6 billion in August 2017). Coinbase was founded in 2012 and backed by companies such as IVP, Spark Capital, Greylock Partners, Battery Ventures, Section 32, Draper Associates and others.

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