Coinbase CEO Brian Armstrong posted on Oct. 27: "All asset classes are moving onchain. Tokenized stocks and stablecoins (which are really just tokenized fiat currency) are growing fast, with more to come."

Coinbase CEO Brian Armstrong posted on Oct. 27: "All asset classes are moving onchain. Tokenized stocks and stablecoins (which are really just tokenized fiat currency) are growing fast, with more to come."

He added: "We'll continue updating the financial system."

The line was picked up by WatcherGuru and Cointelegraph overnight. It is his outlook, not a new product announcement.