Coinbase CEO: 4 Billion People Unable to Invest Through Brokers In an interview with Bloomberg, Coinbase CEO Brian Armstrong stated that tokenization will bring about the same transformation to the traditional stock market. While industry insiders often talk about the "unbanked population," he pointed out that approximately 4 billion people globally are "unable to invest through brokers"—they are completely excluded from investing in quality assets such as US tech stocks or top-tier funds. Armstrong believes that tokenization is not just about market efficiency, but also about breaking down barriers to entry. He pointed out that those who rely entirely on labor income are often excluded from capital markets. Ultimately, tokenizing all asset classes aims to rebalance the relationship between global capital and labor.