Coinbase CEO Brian Armstrong has proposed a groundbreaking initiative to transition every aspect of a startup’s development—from its inception to fundraising and public trading—onto the blockchain.

In a recent appearance on the TBPN podcast, Armstrong elaborated on his vision for a fully onchain lifecycle, where founders can establish their companies, secure funding through seed rounds, receive immediate capital in USDC, and ultimately go public via tokenized equity.

“You can imagine this whole life cycle coming onchain,” he stated, highlighting that this transition could potentially “increase the number of companies who go raise capital and get started out there in the world.”
“สามารถจินตนาการถึงวงจรชีวิตทั้งหมดนี้ที่เกิดขึ้นบนเชนได้ “, เขากล่าว พร้อมเสริมว่าการเปลี่ยนแปลงนี้อาจ “เพิ่มจำนวนบริษัทที่สามารถระดมทุนและเริ่มต้นได้ในโลก”

Armstrong remarked that startups will bypass the need for banks or lawyers for international transfers, as fundraising can be executed instantly through onchain smart contracts. Founders can then begin generating revenue, accept crypto payments, and finance their operations while even taking their businesses public directly onchain.

Modernizing the Fundraising Process

Discussing the current fundraising landscape, Armstrong described it as quite burdensome. He asserted that utilizing onchain fundraising could streamline capital formation to be “more efficient, fair, and transparent,” particularly leveraging Coinbase’s recent acquisition of fundraising platform Echo.

Echo has facilitated over 200 projects in raising upwards of $200 million. Armstrong noted that while it will function independently at first, it will gradually merge with the Coinbase ecosystem, giving founders access to hundreds of billions in managed assets and a global pool of investors.

“If we can have great builders come in who want to raise money and connect them with investors who have the money, we’re the perfect platform to help accelerate this,” he added.
“ถ้าเราสามารถมีผู้สร้างสรรค์ที่ยอดเยี่ยมที่ต้องการระดมทุนและเชื่อมโยงพวกเขากับนักลงทุนที่มีเงิน เราก็เป็นแพลตฟอร์มที่สมบูรณ์แบบในการช่วยเร่งการนี้”

Furthermore, Coinbase is collaborating with U.S. regulators to broaden access to onchain fundraising. Armstrong expressed concerns that the current accredited investor rules may exclude many individuals from early investment opportunities.

“In many ways the accredited investor rules are kind of unfair,” he remarked. “ในหลายๆ ด้าน กฎเกณฑ์นักลงทุนที่ได้รับการรับรองมีลักษณะไม่เป็นธรรม”

While emphasizing consumer protection, he also urged for adjustments that would allow retail investors to participate more readily in these opportunities.