PANews reported on October 26th that Coinbase CEO Brian Armstrong stated on the X platform, "Every entrepreneur I know thinks there's something wrong with the fundraising process. Why should fundraising be done on-chain?" He cited three reasons: it's more efficient, the process is fairer to both parties, and it offers greater transparency.
Coinbase CEO: We recommend that financing be conducted on-chain because it is more efficient, fair, and transparent
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