Coinbase has announced a significant expansion of its product offerings in a move to position itself as an "everything exchange." The updates include the ability for users to trade U.S. stocks, ETFs, and indices alongside cryptocurrencies, as well as options trading for both asset types.
Among the new features are tokenized stocks that represent actual shares with dividends, perpetual futures linked to themes like AI and defense, and pre-IPO perpetual contracts. Additionally, Coinbase is introducing an SEC-registered AI advisory service, automated trading agents, and consumer products such as a USDC-backed credit card and Bitcoin travel rewards.
The platform aims to eliminate the barrier between traditional finance and cryptocurrency, enabling users to transfer stock portfolios from other brokerages like Schwab and Robinhood and to borrow against staked Solana. This strategy underscores Coinbase's ambition to be a central hub for diverse financial activities.
