Coinbase CEO Confirms Development of IEO Token Launch System

The head of the Coinbase trading platform Brian Armstrong confirmed information that appeared last year that his company is currently working on designing an application for organizing initial exchange offerings (IEO). According to him, the development will allow anyone to launch a crypto startup. The product is a combination of Stripe Atlas, a platform for building a company, and AngelList, a website for startups.

The head of Coinbase noted that the solution will be useful to anyone who is thinking about simply issuing a digital asset, raising funds, or maybe just forming a community. Brian Armstrong explained that his company will accompany crypto enthusiasts at all stages of work. “We will help people with management, storage, creation, providing professional support,” he stressed, noting that the creation of many such startups can be a huge step forward for the development of the crypto economy.