Brian Armstrong, the chief executive of Coinbase, posted on X on November 6, 2026. He explained that tokenized stocks are an important innovation for democratizing access to high‑quality investments worldwide and for enabling 24/7 trading. According to Armstrong, these digital representations could also unlock new utility that traditional finance cannot provide. He added that Base, Coinbase’s Layer‑2 platform, is hosting a competition for teams that want to build solutions in this space, signaling the company’s push to expand the ecosystem around tokenized equities.

“Tokenized stocks are an important innovation for democratizing access to high quality investments globally and 24/7 trading. But they may also unlock new utility that wasn't possible before in tradfi. @base is hosting a competition for teams that want to innovate in this area”

— Brian Armstrong (@brian_armstrong) on X · X ↗

Brian Armstrong is not affiliated with COINMAG. The quote comes from a public post on X; the context was written by the COINMAG newsroom.