Coinbase CEO: Companies Will Be Able to Conduct IPOs Entirely On-Chain in the Future

Odaily News Coinbase CEO Brian Armstrong posted on the X platform, stating that there is a current need to make it easier for private companies to access capital. The high demand from large private companies reflects the negative consequences of increased regulation. Currently, companies tend to remain private for extended periods, leading to profits flowing to private or credit investors. Post-IPO stock performance is often poor, and there is a lack of liquid markets to establish reasonable valuations during the early stages of their lifecycle. Ultimately, companies will be able to conduct initial public offerings entirely on-chain, which will significantly reduce costs, decrease friction, and improve accessibility.