 |
| Foto:x/Brian Armstrong |
VISTORBELITUNG.COM,Brian Armstrong, CEO of leading cryptocurrency exchange Coinbase, has publicly stated that traditional trading hours and markets that close are outdated in the modern financial world.
In a recent comment, Armstrong championed the shift toward blockchain-based finance, predicting a future where assets are always accessible and settlements are instantaneous.
Conventional financial markets, such as stock exchanges, typically operate during set business hours and remain closed on weekends and holidays. This structure is a remnant of an era before global, always-on digital technology.
Armstrong's strong assertion challenges this status quo, aligning with the 24/7 nature of the cryptocurrency market, which never sleeps. For a global user base, restricted trading hours can create inefficiencies, delays, and missed opportunities, especially given the rapid pace of today's news cycle.
The Coinbase CEO sees tokenized assets digital representations of real-world assets like real estate, stocks, or commodities on a blockchain as the clear path forward.
"Tokenized assets will be better for everyone, with instant settlement and 24/7 availability," Armstrong said.
This vision promises several key improvements over the current system:
• Round-the-Clock Trading: Users anywhere in the world can buy, sell, and trade assets at any time.
• Instant Settlement: Eliminating the current T+2 or T+3 settlement times, where transactions take days to finalize, reduces counterparty risk and frees up capital immediately.
• Increased Liquidity and Access: Opening up markets to a global audience 24 hours a day can increase market depth and provide access to investors who are currently excluded by time zones or operating hours.
Armstrong's comments reinforce the broader industry belief that blockchain technology is poised to revolutionize not only how money is transacted but also how all financial assets are owned and traded. The push for instantaneous and continuous market operations is a core argument for the mainstream adoption of tokenization.
I can also help you with a few other things based on this information:
• Summarize the article draft into a short social media post.
• Find out more details about the Saqqara Bird artifact you shared an image of.
• Draft a short opinion piece on why some regulators might resist 24/7 trading.