
This is an interview with Brian Armstrong, co-founder and CEO of Coinbase, at the 2025 Goldman Sachs Builders and Innovators Summit. Armstrong discusses his background, the early days of Coinbase, and his vision for the future of cryptocurrency. He highlights the company's evolution into a multi-product, multi-revenue stream business serving retail customers, institutions, and developers. Armstrong also shares his insights on the shift towards on-chain finance, the potential of prediction markets and tokenized equities, and the role of AI agents in driving stablecoin adoption. He emphasizes the importance of engaging with policymakers to create a responsible regulatory structure that fosters innovation. Armstrong advises entrepreneurs to pursue ambitious, long-term projects that address complex challenges, including technological and legislative hurdles.
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