Coinbase CEO backs token stock currency to expand company's shareholder base Coinbase CEO Brian Armstrong told X that he supports the creation of a Coinbase stock token because he wants more people to be shareholders in the company. He argued that alienating a potential new category of shareholders is bad for business and that companies should meet customers where they are. Meanwhile, 67 companies, including Apple, Tesla, Nvidia and others, have objected to having their shares tokenized and are trading on OKXIce, a joint venture between OKX and Intercontinental Exchange (Ice). These include 56 of the 62 companies that the platform initially targeted, or about 90.3%. - Link.