Coinbase To Launch Stock Trading, Prediction Markets
Summary
Coinbase has launched stock trading and prediction markets, expanding its offerings beyond cryptocurrencies with the aim of becoming an “everything app.” U.S. users can now trade stocks and ETFs on Coinbase, with 24/7 availability powered by crypto infrastructure. Prediction markets, developed in partnership with Kalshi, are also rolling out, with future expansion planned for the U.S. Coinbase will introduce 24/7 perpetuals early next year, allowing users to trade crypto and stocks with up to 50x leverage. These developments are part of Coinbase’s broader strategy to create an “everything exchange,” following earlier moves to rebrand its wallet app and incorporate features such as apps, social networks, and chat.
