Key Takeaways
- Coinbase is expanding its platform to include stock trading, prediction markets, and expanded developer tools.
- The company aims to tokenize traditional assets like equities and broaden access to a wide range of financial services.
Coinbase is strengthening and diversifying its product suite to include more sophisticated trading and infrastructure offerings for retail and institutional customers.
The crypto giant on Wednesday said it is launching stock, futures, and perpetuals trading, as well as prediction markets, and expanding access to decentralized finance on Solana.
Beyond trading, the company is also adding token sales and stablecoin issuance capabilities, alongside Coinbase Tokenize, an end-to-end solution that enables institutions to bring assets on-chain.
Taken together, the new wave of product launches will advance Coinbase’s ambitious plan to transform from trading revenue into a unified hub for multiple financial services.
In support of developers and businesses, Coinbase also introduced a suite of enterprise APIs focused on custody, payments, trading, and stablecoins, targeting high-impact use cases with rapid adoption.
One of its major focuses is Coinbase Custom Stablecoins which the company said would enable businesses to issue branded, fully backed stablecoins, with rewards based on activity, cross-chain interoperability, and access to global distribution.
Another highlight is Coinbase Business, which is now officially open to eligible users in the US and Singapore following beta testing. The platform aims to address key pain points in business payments, like costly cross-border transfers, long settlement times, limited global reach, and excessive transactional friction.
On Base, Coinbase announced it has exited beta and is open to everyone.
Source: https://cryptobriefing.com/coinbase-stock-trading-expansion/
