Coinbase’s Everything Exchange: Agentic Finance, Stablecoins & Tokenization with CEO Brian Armstrong
Coinbase co-founder and CEO Brian Armstrong joins Elad Gil to discuss the convergence of artificial intelligence and crypto infrastructure. They explore the creation of the 'Everything Exchange' through real-world asset tokenization, banking autonomous AI agents via crypto rails, and building recursive self-improvement engineering workflows inside Coinbase. Armstrong also outlines his biotech venture New Limit, detailing its epigenetic reprogramming roadmap and the macroeconomic potential of regulatory sandboxes like special economic zones.
- Credit and debit card rails charge a fixed fee of roughly 30 cents plus a percentage per swipe, making any transaction under one dollar economically impossible. Read →
- New Limit builds on Yamanaka factor research to restore aged cell function without erasing cellular identity or causing tumor formation. Read →
- Coinbase launched an internal prediction market product that reached a $100 million revenue run rate within months of going live. Read →
- Bitcoin trading generates only 12% of Coinbase revenue today, while 88% now comes from non-Bitcoin trading. Read →
- Coinbase is overhauling its software development lifecycle by giving AI agents dedicated repository "brains" written in markdown. Read →
- Software founders can iterate in hours, but hard tech founders in energy and biotech face regulatory barriers that delay physical experiments for years. Read →