Coinbase Rolls Out Stocks, Prediction Markets in 'Everything Exchange' Push
Coinbase unveiled one of the most aggressive product expansions in its history, formally detailing a shift beyond crypto trading toward a multi-asset financial platform. The move put Coinbase in more direct competition with fintech apps, global exchanges, and onchain protocols already offering broader asset access.
What’s the Scoop?
- Stocks & tokenization: Coinbase launched commission-free stock and ETF trading in the U.S., with extended hours and plans for stock-linked perpetual futures abroad. The company positioned equities as a stepping stone toward tokenized stocks and announced Coinbase Tokenize for institutional real-world asset issuance.
- Prediction markets & Solana trading: Coinbase added prediction markets via Kalshi and integrated Solana DEX trading through Jupiter, enabling in-app access to newly launched Solana tokens.
- Stablecoins & payments: The company introduced Custom Stablecoins for businesses, expanded its payments APIs, and highlighted x402, a stablecoin payments standard it said was already processing over $200M in annualized volume.
- Derivatives & AI: Coinbase simplified futures and perpetuals trading inside its main app and launched Coinbase Advisor, an AI-powered assistant, alongside broader availability of its Base App and Coinbase Business services.