Throughout his journey to Davos for the World Financial Discussion board, Coinbase CEO Brian Armstrong shared {that a} high govt at one of many world’s 10 largest banks advised him that crypto is now their “primary precedence” — and that they view it as “existential.”
Armstrong’s submit, shared on X, highlighted a shift in how legacy monetary establishments are participating with crypto. The comment underscores the rising urgency amongst conventional banks to adapt to crypto infrastructure, significantly as world regulators transfer nearer to establishing clearer guidelines for digital property.
Simply wrapped up our week in Davos. I do not love sporting a go well with daily, however typically it must be executed!
Davos is a singular place – world leaders and CEOs (and plenty of crypto firms!) all come collectively in a small mountain city in Switzerland for just a few days. It’s a productive… pic.twitter.com/0lO5TqRhkL
— Brian Armstrong (@brian_armstrong) January 24, 2026
Armstrong didn’t identify the financial institution or govt, however stated that many monetary leaders he met throughout the weeklong occasion weren’t simply open to crypto — they have been actively in search of methods to get in. “Most of them are literally very professional crypto and are leaning into it as a chance,” he wrote.
For banks that depend on legacy cost rails, crypto represents each a problem and a chance.
Learn extra: Financial institution of America CEO says stablecoins may drain trillions in financial institution deposits
Tokenization push
As stablecoins and tokenized property acquire momentum, the specter of disintermediation grows. It is potential {that a} world asset supervisor or fintech agency may sometime bypass conventional banks fully by providing direct entry to tokenized securities or stablecoin-based transfers — transferring worth immediately, with out clearing delays or middlemen (a core pillar of crypto).
Armstrong stated tokenization was some of the mentioned developments at Davos, increasing past stablecoins into equities, credit score, and different monetary merchandise.
He pointed to the estimated 4 billion “unbrokered” adults worldwide who lack entry to high-quality investments. Tokenization, he argued, may assist shut that hole.
“Count on some main progress right here in 2026,” he added.
Regulation CLARITY
The Coinbase CEO additionally famous that political help for crypto within the U.S. seems to be strengthening.
He cited the Trump administration’s push for crypto-focused laws, such because the CLARITY Act, which goals to offer a regulatory framework for digital property. Armstrong did not contact on his agency’s resolution to withdraw help for the crypto market construction invoice on the final minute, following which the listening to was delayed.
Learn extra: Here is why Coinbase and different firms soured on the foremost crypto invoice
Armstrong described the administration as “essentially the most crypto-forward authorities on this planet” and stated the push for clear guidelines is important to maintaining the U.S. aggressive as nations like China make investments closely in stablecoin infrastructure. A theme Donald Trump has additionally talked about throughout his speech at Davos.
AI and crypto
Armstrong additionally stated that synthetic intelligence (AI) and crypto have been the 2 most-discussed applied sciences at Davos.
Whereas within the capital markets, AI’s surge has taken the wind out of crypto, Armstrong careworn that the 2 are intently linked. AI brokers, he stated, will seemingly default to utilizing stablecoins for funds, bypassing typical id checks and banking restrictions altogether.
The infra exists, and utilization is quickly rising,” he added.
The message from Armstrong’s Davos recap was clear: crypto isn’t a fringe experiment anymore. For no less than a few of the world’s largest monetary gamers, it’s now a strategic precedence — and probably a matter of survival.
Learn extra: Coinbase CEO Brian Armstrong spars with France’s Central Financial institution chief at Davos over yield and ‘bitcoin normal’
