U.S. Coinbase Expands into Stocks and Prediction Markets, Transitioning to a Comprehensive Exchange

On the 18th, U.S. Coinbase officially announced a significant expansion of its platform beyond cryptocurrency trading.

The expansion includes the launch of several new services such as stock trading, prediction markets, decentralized trading of Solana tokens, derivatives, and custom stablecoins, aiming to handle a diverse range of asset classes on a single platform as a 'comprehensive exchange'.

The stock trading service, offered through Coinbase Capital Markets, has started for U.S. users. It allows commission-free trading of stocks and ETFs, with trading available 24 hours a day, five days a week. Trades can be conducted in USD or USDC, and managed within the same account as cryptocurrency assets. In the coming months...