Brian Armstrong

Yeah, so tokenization is kind of a buzzword right now, and it is really important as a trend, because the same thing that happened with stablecoins, where a dollar got tokenized, and now suddenly people all over the world can use it, and there's fast, cheap global payments.

The same thing is now happening in the equities market, and every kind of asset class, really, that people might want to invest in.

There's about 4 billion adults right now who are unbrokered.

Some people have heard about being unbanked.

There's also about 4 billion people who are unbrokered, meaning they don't have any way to invest in high-quality assets, whether that's American tech companies or the latest BlackRock or Apollo Fund or anything like that.

And so when you tokenize it, there's a bunch of efficiency gains, but it's also about just democratizing access.

And there's sort of like this balance between capital and labor, right?

And for people who only make their income from labor, they're oftentimes left out of this wealth creation engine, which is the ability to invest some of their hard-earned money in high-quality assets.

So that's what we're trying to do with tokenization of every asset class.

Yeah, well, I do think he's done a good job of being very crypto forward and helping get some clear rules and legislation passed.

I go to D.C.

about once a quarter, but that's not really usually to meet with the president.

It's to meet with members of the Senate, our regulators, members of the House when the bill was going through there.

No, not yet.

But yeah, I mean, I've met him a few times and found him to be constructive on this issue.

And I think that if this market structure bill doesn't get moving, he may have something to say about that.

And I think it's part of his agenda to get this second piece of legislation through.

Getting crypto legislation passed.

That's pretty much all we talk about.

Well, it should be fair for everybody so American companies can win.