Coinbase rolls out stock trading, prediction markets in ‘everything app’ push

cointelegraphPublished on 2025-12-17Last updated on 2025-12-17

Abstract

Coinbase has expanded its services by launching stock trading and prediction markets as part of its strategy to become an "everything app." The crypto exchange announced the availability of stock and ETF trading in the U.S., with plans for 24/7 global access. Additionally, Coinbase partnered with Kalshi to introduce prediction markets, initially rolling out outside the U.S. The company also revealed plans to offer 24/7 perpetuals with high leverage early next year, allowing bets on both crypto and stocks. These moves align with Coinbase's broader rebranding effort earlier this year to include apps, social features, and chat functionalities.

Coinbase is launching stock trading and prediction markets as the crypto exchange looks beyond digital assets to chase its ambition of creating an “everything app.”

Coinbase head of consumer and business products, Max Branzburg, announced at the company’s year-end conference that “stock trading is now available on Coinbase.”

“This is a major milestone in our plan to enable 24/7 trading of stocks and ETFs from anywhere in the world, powered by crypto,” he said.

Branzburg also said that Coinbase has launched prediction markets in partnership with Kalshi, which will begin its rollout today and later come to the US.

Last month, tech researcher Jane Manchun Wong discovered that Coinbase was developing a prediction markets platform, which indicated it would be backed by Kalshi.

Related: Crypto’s ‘super app’ race is on as industry enters aggregation era: Report

Coinbase is also set to offer 24/7 perpetuals early next year, which will allow users to bet on crypto and stocks gaining or dropping with up to 50 times leverage.

Branzburg said that the new product lineup is part of Coinbase’s “everything exchange.” The company started to lay the groundwork for a wider set of offerings in July, rebranding its wallet app as an “everything app” that added apps, social networks and chat features.

Magazine: Can Robinhood or Kraken’s tokenized stocks ever be truly decentralized?

Related Reads

Stuck Polymarket: The Real Test After Riding the Traffic Boom Has Arrived

Polymarket, a leading prediction market platform, is facing significant technical challenges as its growth outpaces its current infrastructure on Polygon. Users are experiencing laggy transactions, unresponsive orders, and delayed confirmations, severely impacting the trading experience. In response, DeFi Engineering VP Josh Stevens outlined a comprehensive engineering overhaul. The plan includes reducing on-chain data delays, fixing order cancellation issues, rebuilding the central limit order book (CLOB), improving website performance, and developing a unified SDK and API. A major revelation was the ongoing "chain migration," indicating a potential move away from Polygon. The core issue is that Polymarket has evolved from a simple prediction market into a high-frequency trading platform, making Polygon's limitations—such as block space, gas fees, and block time—a ceiling for further growth. The migration is not just a simple chain switch but a fundamental rebuild of its trading system to support more complex products like perpetual contracts (Perps). This announcement has sparked competition among chains like Solana, Sui, and Algorand, all vying to host Polymarket. For Polygon, losing this key application, which contributes significantly to its gas fee revenue, would be a major setback. The real test for Polymarket is no longer attracting users but proving it can provide a stable, reliable trading environment that retains them.

Odaily星球日报24m ago

Stuck Polymarket: The Real Test After Riding the Traffic Boom Has Arrived

Odaily星球日报24m ago

Lowering Expectations for BTC's Next Bull Market

The author, Alex Xu, explains his decision to significantly reduce his Bitcoin holdings (from full to ~30% of his portfolio) during the current bull cycle, citing a lowered long-term outlook for BTC's price appreciation in the next cycle. He outlines six key reasons for this reduced expectation: 1. **Diminished Growth Drivers:** The narrative of exponential user adoption has largely played out with institutional ETF adoption. The next major growth phase—adoption by sovereign national reserves or central banks—seems unlikely in the near future. 2. **Personal Opportunity Cost:** More attractive investment opportunities have emerged in other assets, such as undervalued companies. 3. **Industry-Wide Contraction:** The broader crypto industry is struggling, with most Web3 business models (SocialFi, GameFi, DePIN) failing. This overall萧条 (depression) reduces the fundamental demand and consensus for Bitcoin. 4. **Strain on Major Buyer:** MicroStrategy, a major corporate buyer of BTC, faces rising financing expenses for its debt, which could slow its purchasing rate and create significant marginal pressure on the market. 5. **Increased Competition from Gold:** The emergence of "tokenized gold" has closed the functional gap (portability, divisibility) between physical gold and Bitcoin, offering a strong competitor in the non-sovereign store-of-value space. 6. **Security Budget Concerns:** The block reward halving continues to exacerbate the long-standing issue of funding Bitcoin's network security, with new fee source explorations like Ordinals and L2s largely failing. The author's decision to hold a significant (though reduced) position reflects a cautious, not bearish, outlook. He remains open to increasing his exposure if the fundamental reasons for his skepticism change or if new positive catalysts emerge.

marsbit1h ago

Lowering Expectations for BTC's Next Bull Market

marsbit1h ago

Can Iran 'Control' the Strait of Hormuz?

Iran has announced a comprehensive plan to assert control over the strategic Strait of Hormuz, a critical global oil shipping chokepoint. The proposed measures include requiring all vessels to obtain Iranian permission for passage, imposing fees for security, environmental protection, and navigation management—preferably paid in Iranian rials—and absolutely banning Israeli ships. Vessels from countries deemed hostile by Iran’s top security bodies may also be barred. Analysts suggest Iran’s motives are multifaceted: increasing pressure on the U.S. and Israel by leveraging control over oil transit to influence global prices and inflation; creating a new revenue stream, potentially exceeding $7.7 billion annually, to counter Western sanctions and support postwar reconstruction; and using transit permissions as bargaining chips in future negotiations, notably with the U.S. However, the plan faces significant practical and diplomatic challenges. Enforcing comprehensive interception and fee collection in the busy waterway, patrolled by international military forces, would be difficult. The U.S. has already countering with a blockade of Iranian ports and threats to intercept any ship paying fees, potentially strangling Iran’s oil exports and fee revenue. Broad international opposition, led by European and Gulf states, and legal controversies further complicate implementation. The proposal may ultimately serve more as a negotiating tactic than a feasible policy, with its execution remaining highly uncertain.

marsbit2h ago

Can Iran 'Control' the Strait of Hormuz?

marsbit2h ago

Trading

Spot
Futures

Hot Articles

How to Buy PUSH

Welcome to HTX.com! We've made purchasing Push Protocol (PUSH) simple and convenient. Follow our step-by-step guide to embark on your crypto journey.Step 1: Create Your HTX AccountUse your email or phone number to sign up for a free account on HTX. Experience a hassle-free registration journey and unlock all features.Get My AccountStep 2: Go to Buy Crypto and Choose Your Payment MethodCredit/Debit Card: Use your Visa or Mastercard to buy Push Protocol (PUSH) instantly.Balance: Use funds from your HTX account balance to trade seamlessly.Third Parties: We've added popular payment methods such as Google Pay and Apple Pay to enhance convenience.P2P: Trade directly with other users on HTX.Over-the-Counter (OTC): We offer tailor-made services and competitive exchange rates for traders.Step 3: Store Your Push Protocol (PUSH)After purchasing your Push Protocol (PUSH), store it in your HTX account. Alternatively, you can send it elsewhere via blockchain transfer or use it to trade other cryptocurrencies.Step 4: Trade Push Protocol (PUSH)Easily trade Push Protocol (PUSH) on HTX's spot market. Simply access your account, select your trading pair, execute your trades, and monitor in real-time. We offer a user-friendly experience for both beginners and seasoned traders.

3.3k Total ViewsPublished 2024.03.29Updated 2025.04.02

How to Buy PUSH

Discussions

Welcome to the HTX Community. Here, you can stay informed about the latest platform developments and gain access to professional market insights. Users' opinions on the price of PUSH (PUSH) are presented below.

活动图片