Brian Armstrong, a co-founder and the CEO of Coinbase (COIN), said in an interview on Friday that Coinbase’s long-term goal is to be a financial “super app,” offering crypto alongside a broad range of financial services beyond traditional banking.
Armstrong, speaking on Fox Business’ "The Claman Countdown," told Liz Claman that momentum in Congress is the strongest he has seen, with lawmakers from both parties advancing frameworks for the industry. A move that boosts Coinbase's momentum towards building the super app.
He explained how his company wants to approach the buildout during the interview.
Coinbase intends to integrate services people typically get from banks and fintechs and deliver them on crypto rails. He pointed to a recently launched Coinbase credit card that pays 4% back