As non-financial companies indulge in crypto-related activities, both traditional and modern investors have identified the incoming change in business dynamics. As a result of token offerings, businesses will have the power to dictate investment strategies, while ensuring greater circulation of capital within the business. In order to provide some clarity into the future of investments, former CTO of Coinbase, Balaji Srinivasan, took to Twitter to share his take on the matter.
On a surprising note, the prominent crypto-leader tweeted,
“Over the long term, every major tech company may decide to issue a crypto dividend. Peel off $30B of their stock, tokenize it, and distribute over ~300M Americans, or at least every American active user. So that’s at least $100 per person, $500 if all five of GAFAM do it.”
Srinivasan’s thoughts have previously been mirrored by other players, who have hinted at crypto’s enormous role in funding businesses. Although Srinivasan spoke about the involvement of GAFAM (Google, Apple, Facebook, Amazon and Microsoft), goliaths such as Nike, Jaguar and other financial players have also joined the crypto-race for making the most of the coming disruption.
Source/More: Every major tech company may issue a crypto-dividend in the future, claims former Coinbase CTO – AMBCrypto