Coinbase CEO: S&P 500 Tokenization Will End Wall Street Monopoly

utoday07-17 10:24

The US stock market is breaking records, with the S&P 500 surpassing 7,534 points. It has risen 75% over the past five years, but only a small part of the world is profiting from this growth. Coinbase...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2652239073?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-07-17 10:24","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2652239073","market":"sh","top_or_hot":-1,"title":"Coinbase CEO: S&P 500 Tokenization Will End Wall Street Monopoly","media":"utoday","content":"<div>\n<p>The US stock market is breaking records, with the S&P 500 surpassing 7,534 points. It has risen 75% over the past five years, but only a small part of the world is profiting from this growth. Coinbase...</p>\n\n<a href=\"https://u.today/coinbase-ceo-sp-500-tokenization-will-end-wall-street-monopoly\">Source Link</a>\n\n</div>\n","source":"utodaynews_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Coinbase CEO: S&P 500 Tokenization Will End Wall Street Monopoly</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCoinbase CEO: S&P 500 Tokenization Will End Wall Street Monopoly\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-07-17 10:24 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://u.today/coinbase-ceo-sp-500-tokenization-will-end-wall-street-monopoly><strong>utoday</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The US stock market is breaking records, with the S&P 500 surpassing 7,534 points. It has risen 75% over the past five years, but only a small part of the world is profiting from this growth. Coinbase...</p>\n\n<a href=\"https://u.today/coinbase-ceo-sp-500-tokenization-will-end-wall-street-monopoly\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"COIG","symbol_name":"2倍做多COIN ETF- Leverage Shares","start_time":0,"source_url":"https://u.today/coinbase-ceo-sp-500-tokenization-will-end-wall-street-monopoly","article_id":"2652239073","we_media_id":null,"thumbnails":[],"rights":{"source":"utodaynews_highlight","url":"https://u.today/coinbase-ceo-sp-500-tokenization-will-end-wall-street-monopoly","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2652239073","pubTimestamp":1784255040,"columns":[],"sourceInfo":{"source_id":"utodaynews_highlight","name":"u.today"},"weMediaInfo":null,"summary":"The US stock market is breaking records, with the S&P 500 surpassing 7,534 points. It has risen 75% over the past five years, but only a small part of the world is profiting from this growth. Coinbase","collect":0,"end_time":0,"defaultTopTitle":"u.today","property":[],"viewcount":null,"language":"en","relate_stocks":{"COIG":"2倍做多COIN ETF- Leverage Shares","VOOG":"Vanguard标普500成长ETF","PBJL":"PGIM S&P 500 Buffer 20 ETF - July","GPIX":"GOLDMAN SACHS S&P 500 CORE PREMIUM INCOME ETF","ACLC":"AMERICAN CENTURY LARGE CAP EQUITY ETF","ISSXF":"IShares Core S&P  500 Index ETF","FELC":"FIDELITY ENHANCED LARGE CAP CORE ETF","XYLD":"Global X S&P 500 Covered Call ETF","TSPA":"T. Rowe Price U.S. Equity Research ETF","COIW":"COIN周配息ETF-Roundhill","GSUS":"Goldman Sachs MarketBeta U.S. Equity ETF","PTLC":"Pacer Trendpilot US Large Cap ETF","CGUS":"Capital Group Core Equity ETF","FLAO":"AllianzIM U.S. Equity 6 Month Floor5 Apr/Oct ETF","DAPP":"VanEck Digital Transformation ETF","SPUS":"SP Funds S&P 500 Sharia Industry Exclusions ETF","VYM":"红利股ETF-Vanguard","XDTE":"Roundhill S&P 500 0DTE Covered Call Strategy ETF","SPGP":"Invesco S&P 500 GARP ETF","FEBT":"AllianzIM U.S. Equity Buffer10 Feb ETF","ALLW":"SPDR BRIDGEWATER ALL WEATHER ETF","LGH":"HCM Defender 500 Index ETF","VV":"Vanguard Large-Cap ETF","SCHG":"Schwab U.S. Large -Cap Growth ET","SPYM":"投资组合标普500指数ETF-SPDR","XPAY":"Roundhill S&P 500 Target 20 Managed Distribution ETF","CFO":"VictoryShares US 500 Enhanced Volatility Wtd ETF","RSP":"平均加权指数ETF-Rydex S&P","COII":"REX COIN Growth& Income ETF","ACWI":"MSCI全球ETF-iShares","OALC":"OneAscent Large Cap Core ETF","BKLC":"BNY Mellon US Large Cap Core Equity ETF","SPYQ":"2倍做多SPY Quarterly ETF-Tradr","HELO":"JPMorgan Hedged Equity Laddered Overlay ETF","VUG":"成长股指数ETF-Vanguard MSCI","VBK":"美国小盘成长股ETF-Vanguard","CPST":"Calamos S&P 500 Structured Alt Protection ETF - September","UOCT":"Innovator U.S. Equity Ultra Buffer ETF - October","SPY":"标普500ETF","FLCC":"Federated Hermes MDT Large Cap Core ETF","SPYU":"MAX S&P 500 4X Leveraged ETN",".SPX":"S&P 500 Index","COIN":"Coinbase Global, Inc.","GBXB":"Goldman Sachs U.S. Large Cap Buffer 2 ETF","UXJA":"FT Vest U.S. Equity Uncapped Accelerator ETF - January","XUSP":"Innovator Uncapped Accelerated U.S. Equity ETF","VOO":"Vanguard标普500ETF","MRCP":"PGIM S&P 500 Buffer 12 ETF - March","PTL":"Inspire 500 ETF"},"translate_title":"Coinbase 首席执行官：标普500代币化将结束华尔街垄断","themeId":null,"isJumpTheme":false,"ttsUrl":"https://static.tigerbbs.com/58afb648d3f05862774b4c468d92bf95","symbols_score_info":{"FLCC":1.5,"MESmain":0.6,"COIN":1.5,"SPGP":0.6,"ACLC":1.5,"TSPA":1.5,"GBXB":1.5,"FEBT":1.5,"SPY":1.5,"VOO":1.5,"COII":0.6,"MRCP":1.5,"XUSP":1.5,"UXJA":1.5,"COIW":0.6,"CGUS":1.5,"PTL":1.5,"OALC":1.5,"BKLC":1.5,"ISSXF":1.5,"PBJL":1.5,"SPYU":0.6,"SPYM":1.5,"XPAY":1.5,"GSUS":1.5,"COIG":0.6,"VYM":1.5,"CFO":1.5,"SPUS":0.6,"HELO":1.5,"VUG":1.5,"SPYQ":0.6,"VBK":0.6,"SCHG":1.5,".SPX":1.5,"FELC":1.5,"FLAO":1.5,"XYLD":0.6,"VOOG":1.5,"CPST":1.5,"DAPP":1.5,"XDTE":0.6,"LGH":1.5,"VV":0.6,"GPIX":1.5,"PTLC":1.5,"UOCT":1.5,"ALLW":0.6,"ACWI":0.6,"RSP":0.6},"content_text":"The US stock market is breaking records, with the S&P 500 surpassing 7,534 points. It has risen 75% over the past five years, but only a small part of the world is profiting from this growth. Coinbase CEO Brian Armstrong is convinced that the traditional financial system has become a closed club and that only tokenization can fix it.\"Imagine being on the sidelines of this growth,\" Armstrong wrote. According to him, billions of people do not even need to imagine it, because strict geographical barriers, complex compliance requirements, and brokerage bureaucracy leave them with no practical way to buy shares in major US technology companies directly. Experts estimate that more than half of the adult population in developing countries is currently completely cut off from global capital markets.The \"Everything Exchange\": Bringing Wall Street to smartphonesThe crypto exchange has decided to capitalize on this gap by launching its \"Everything Exchange\". A month ago, Coinbase rolled out tokenized stock trading for non-US users through its offshore entities, with the tokens backed 1:1 by real shares. The idea is simple: remove Wall Street intermediaries and allow anyone, anywhere in the world, to buy even a fractional stake in Apple or Nvidia using an ordinary smartphone with internet access while still receiving real dividends.The most interesting part is that Wall Street itself is no longer arguing against this trend but is trying to lead it. Clearing giant DTCC, which processes transactions worth quadrillions of dollars, together with JPMorgan and BlackRock, completed tests this week involving the transfer of stock ETFs onto blockchain infrastructure.With the total market for tokenized real-world assets, or RWA, surpassing $33 billion, according to rwa.xyz, and the US Senate moving the Clarity Act toward a final vote, stock tokenization is a new edge in the battle for retail investors, in which traditional brokers risk permanently losing their century-old monopoly.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":false,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"isLaohu8Offline":false,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.46.0","shortVersion":"4.46.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2652239073","isCrawlerRequest":true}