Crypto Reinventing Capital Formation Will be a Theme of 2026

Coinbase, the listed U.S crypto exchange, is launching an end-to-end token sales platform which Matt Hougan, chief Investment officer of digital asset fund manager Bitwise, said this is the beginning of crypto reinventing capital formation.
On 10 November 2025 Coinbase said in a blog that it will be launching an end-to-end token sales platform to create a more sustainable and transparent way for projects to distribute tokens and decentralize.
Hougan said in a report that crypto is going to reinvent finance.
– Bitcoin is reinventing gold.
– Stablecoins are reinventing dollars.
– Tokenization is reinventing trading.Coinbase’s ICO…



