Crypto exchange broadens services beyond digital assets to build an all-in-one financial platform
Coinbase is accelerating its transformation into an all-in-one financial platform, unveiling stock trading and prediction markets as part of its broader push to become an “everything app.” The move signals a strategic shift as the company looks beyond cryptocurrencies to capture a wider share of global trading activity.
Stock Trading Goes Live on Coinbase
The company has confirmed that stock trading is now available on Coinbase, marking its first major step into traditional financial markets. The rollout supports the long-term vision of enabling 24/7 trading of stocks and ETFs, using crypto-based infrastructure to remove geographic and time-based barriers common in legacy markets.
This expansion positions Coinbase to compete not only with crypto-native platforms, but also with established brokerage apps by offering multiple asset classes under one roof.
Prediction Markets Added Through Strategic Partnership
Coinbase has also launched prediction markets in partnership with Kalshi, with an initial rollout underway and broader availability planned. Prediction markets allow users to trade on the outcomes of real-world events, adding a new category of speculative products to the platform.
Perpetuals and Leverage on the Horizon
Looking ahead, Coinbase plans to introduce 24/7 perpetual contracts in early 2025, enabling users to trade price movements in crypto and stocks with up to 50x leverage.
The latest additions build on changes introduced earlier this year, when Coinbase repositioned its wallet into an app featuring payments, apps, social tools, and trading. Together, these updates underline Coinbase’s ambition to become a single destination for digital finance.
Disclaimer
This content is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency trading involves risk and may result in financial loss.