“We need to rethink our listing process” 👀 

https://x.com/brian_armstrong/status/1883329603239899346?s=46

If I had to bet:

1. Coinbase dot com website / app custodial service starts to allow buys for assets onchain. No need to deal with traditional wallet app UX (which is massively confusing for normies).

Coinbase major advantages:
- 100M KYC customers with fiat payment method
- ability to front $25K buys from a bank account with high reliability (try doing that with Moonpay)
- UX of showing a single price with no confusing slippage and other consumer hostile UX to trade

Robinhood will likely follow. Cash App leaving massive $$$ on the table because Jack is a BTC maxi.

2. Big assets will still get “listed” for the offchain CLOB exchange (because the institutions use that and its 100% counterparty KYC). But that will eventually all move onchain as tech / perf of blockchains improves.

Coinbase will definitely play a big part in the new crypto regime