
Coinbase CEO Brian Armstrong announces rapid uptake of new Singapore business accounts, with over 100 companies and family offices registered within days of launch.
In an official statement via X, Coinbase CEO Brian Armstrong confirmed that Coinbase Business Accounts are now live in Singapore, marking the company's first overseas business platform launch. The initiative has seen swift adoption, with more than 100 companies and family offices already registered within days, while a number of applicants remain on the waitlist. The platform, developed in partnership with Standard Chartered, offers real-time SGD transfers and instant stablecoin settlements—USDC and XSGD—aimed at lowering transaction costs and enhancing payment efficiency for startups and SMEs.