Coinbase CEO Brian Armstrong says that the crypto exchange will need to rethink how it lists new coins for trading given the never-ending tidal stream of new tokens being created.

Coinbase chief Brian Armstrong has said it is increasingly difficult to evaluate emerging crypto coins as a million new ones are created each week.

Coinbase, the largest crypto exchange in the US, is grappling with an unprecedented flood of new tokens. The platform’s CEO, Brian Armstrong, sounded the alarm on X today.

The chief executive of top US-based crypto exchange platform Coinbase says that traditional finance (TradFi) institutions are about to ramp up their crypto investments.

The CEO of Coinbase, the largest cryptocurrency exchange in the United States, has proposed reevaluating the company’s asset listing process in response to the rapid surge in new token creations. In a January 24 post on X,

Coinbase CEO Brian Armstrong said the exchange needs to rethink the listing process for new tokens, as around 1 million are created weekly and urged regulators to adapt their approval methods to benefit customers.