While most Crypto -CEOOs are navigating the market volatility of the market, Brian Armstrong plays a much larger game – at the same time absorbing the regulations of the human older and Washington. Not exactly your typical founder story, right?
One moment he has been collected for Stablecoin legislation on Capitol Hill, the following he finances research to literally reverse the aging process.
Here is the newest about Armstrong, for all coinbase enthusiasts who are there!
NewLimit raises $ 130 million to re -operate human lifespan
Armstrong’s Biotech Venture Newlimit, co-founded with former GV partner Blake Byers and stem cell scientist Jacob Kimmel, just concluded a series of B-round of $ 130 million. The startup, now valued at $ 810 million, develops therapies aimed at restoring the youthful function to aging cells through epigenetic reprogramming.
Early results are promising. The team has identified three prototype drugs that focus on liver cells – improving their fat and alcohol processing options in laboratory tests.
Although human tests have been gone for years, Newlimit is expanding into research into the immune system, in which Armstrong quotes urgency to fight what he calls the “largest source of human tragedy” – aging.
The round was led by smaller Perkins and supported by a powerful line -up of investors, including Founders Fund, Elad Gil, Patrick Collison and Garry Tan.
Say no to aging: Tech -Titans are all in it!
Armstrong is not only in this mission. He joins the ranks of technical elites such as Jeff Bezos, Larry Ellison and Vitalik Buterin-All all hundreds of millions in anti-aging tests. But Armstrong’s approach is distinctive: partial scientist, partial operator and always ten steps forward.
Fighting for stablecoin regulations
The CEO of Coinbase has not detached its grip on crypto interests. Yesterday on X he called on the American Senate to continue with the Genius Act – a Stablecoin Regulation Act that could finally bring clear rules for space.
The Genius ACT would introduce a federal license regime, enforce the reserve requirements for issuers and create a double regulatory model – the splitting of supervision between federal and state level, depending on the size of the issue.
The push comes just as the treasury predicts that Stablecoins could rise from $ 230 billion to $ 2T by 2028 and offer both a chance and a risk for traditional banking systems.
This is how we see it: Brian Armstrong gambles on the future, and he does it from all sides.
Read also: Coinpedia Digest: The highlights of this week’s crypto news | May 3, 2025
Credit : coinpedia.org
