Coinbase Expands Its Services: Stock Trading and Prediction Markets Now Available

Coinbase, the well-known crypto exchange, has recently announced a significant expansion of its services. On December 17, the platform introduced stock trading and prediction markets directly into its core consumer app, marking a major step towards its vision of becoming an Everything Exchange.
Today, we launched several new products to usher in the future of finance on Coinbase,
the announcement stated. It emphasized the dramatic expansion of assets available for trading, which now includes cryptocurrencies, stocks, perpetual futures, and prediction markets.
With this integration, users can now buy, sell, and manage stocks and ETFs alongside their crypto portfolios using USD or USDC within a single app. This move simplifies portfolio management and allows for diversification of investments across both traditional and digital assets.
Coinbase also highlighted the benefits of this rollout, stating that traders will enjoy zero-commission trading without the limitations of traditional market hours. They can now trade stocks 24 7 with plans to add thousands more in the coming months.
You will soon be able to trade on the outcomes of real-world events like elections, sports, collectibles, and economic indicators,
the release detailed regarding prediction markets. It noted that all market flow will come from Kalshi at launch.
In addition to these new features, Coinbase outlined its long-term infrastructure plans, including the upcoming launch of Coinbase Tokenize, an end-to-end platform for tokenizing real-world assets. The expansion also covers simplified futures trading, increased access to Solana decentralized exchanges, and the global launch of the Base App.
Coinbase CEO Brian Armstrong expressed his vision on social media, stating,
A new era of Coinbase is here. I want us to be the 1 financial services app in the world.
He emphasized that with these new releases and their financial management tools, Coinbase is positioned to achieve this goal.