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Coinbase CEO Brian Armstrong: On-Chain is the New Online, Crypto Companies Could be Tech Giants of Tomorrow

Coinbase CEO Brian Armstrong believes that blockchain and crypto could become the tech giants of tomorrow, as on-chain technology is transforming people's lives just as the internet did two decades ago. On-chain is about digital assets, broader access to financial services, and even changes how we think about identity, governance, artwork, and non-financial services. Coinbase's Q3 revenue of $674.15 million exceeded financial analysts' expectations, but Armstrong notes that regulatory clarity in the US is still a major issue holding back the industry's growth. Despite this, Coinbase's stock COIN is trading at $85.80, up over 12% since the start of the month.

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