Brian Armstrong(@brian_armstrong):It’s great to see the SEC proposing merit-based private market access in the US. This will be a huge step forward. For too long, only the richest people have had access to the private markets. Retail has been missing out. And over the last few years, companies have been incentivized to stay private longer (so retail has been missing out even more at best, or become exit liquidity at worst).

Brian Armstrong

@brian_armstrong

Co-founder & CEO @Coinbase. Creating more economic freedom in the world. Co-founder @researchhub @newlimit. Not investment advice.

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Brian Armstrong@brian_armstrong

2026.10.11 19:17

It’s great to see the SEC proposing merit-based private market access in the US. This will be a huge step forward. For too long, only the richest people have had access to the private markets. Retail has been missing out. And over the last few years, companies have been incentivized to stay private longer (so retail has been missing out even more at best, or become exit liquidity at worst).