Coinbase extends to stock trading, prediction markets

Crypto exchange behemoth Coinbase announced Wednesday that it is rolling out several new products, expanding into stocks, advanced trading and built-in prediction markets.
The US-based platform said users can now trade stocks on the platform and place bets on various events in partnership with Kalshi.
The announcements came during a San Francisco conference titled ‘System Improvement' featuring Coinbase CEO Brian Armstrong. The move aligns with the dynamic ‘everything app' ambition, positioning itself as a major financial platform beyond its crypto roots.
“Coinbase is now the best place to trade every asset, not just crypto,” Brian Armstrong said at Coinbase's product demo.
Coinbase Bridges Crypto and TradeFi, Strengthens DeFi Integration with SOL
Coinbase's integrated stock trading feature shifts the primary crypto focus to the broader retail investment stack, competing directly with competitors.
In addition, the exchange has outlined a token roadmap that aims to eventually bring more traditional assets such as stocks onto the chain.
“In time, we believe that everything will change, and bringing shares to Coinbase is an important milestone in enabling tokenized shares,” reads the company's blog.
Dubbed ‘Coinbase Tokenize', the institutional platform for tokenizing real-world assets includes all the infrastructure to “power” tokenized shares.
Additionally, Coinbase is launching its trading integration to include direct access to Solana tokens in the coming weeks.
“You can trade millions of tokens directly in the main Coinbase app from the moment you launch the fastest and most cost-effective blockchain.”
In addition, the Coinbase trading platform is deploying an expanded set of APIs that include security, payments, trading, and stablecoins.
COIN stock will respond by dropping 3.3% over 20% in 2025
Coinbase (COIN) stock fell 3.33% in the afternoon session following the ‘System Update' incident.
The ongoing bearish sentiment in the broader crypto market remains entrenched, impacting COIN and Bitcoin prices. BTC faced rejection at $90,000, breaking the critical bullish trend line at $86,450. The largest crypto is down 1.06% in the last 24 hours and is trading at $86,620 at press time.
According to Google Finance data, Coinbase shares are down more than 20% this year. The company's shares have been highly volatile, with 51 moves of more than 5% over the past year.
Trending news, recommended popular crypto topics, price predictions



