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

cointelegraphPublicado a 2025-12-17Actualizado a 2025-12-17

Resumen

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?

Lecturas Relacionadas

Kraken Changed Its Vote at the Last Minute, Solana's Inflation Policy Narrowsly Passes by 0.33 Percent

Kraken’s last-minute vote reversal secured the passage of SGP-0002, a pivotal Solana governance proposal to accelerate the network’s annual inflation reduction from 15% to 30%. The final vote tally was 67.001%, narrowly exceeding the required 66.667% supermajority by just 0.334 percentage points. This change will bring Solana’s terminal inflation rate of 1.5% forward to around 2029, reducing future SOL issuance over six years by approximately 18.9 million tokens (about 2.6% of current supply). The vote, the first major test of Solana’s new on-chain governance system, saw intense drama. The Kraken 2 validator, controlling about 8.9 million staked SOL, switched from support to opposition hours before the deadline, pushing the "yes" vote below the passing threshold. A flurry of lobbying, including direct outreach by Helius CEO Mert Mumtaz, ensued. Kraken ultimately flipped back to supporting the proposal, and JitoSOL holders used the "staker override" mechanism to bypass opposing validators and vote directly with their stake. While SGP-0002 passed, a companion proposal (SGP-0003) to restructure transaction fees failed, indicating community willingness to adjust token supply but hesitance to change fee economics. The approved proposal now moves to a technical implementation phase, requiring client teams to code and activate the change. The event highlighted both the power of large validators and the resilience of Solana’s governance mechanisms, marking a significant, albeit messy, step in decentralized monetary policy management.

marsbitHace 13 min(s)

Kraken Changed Its Vote at the Last Minute, Solana's Inflation Policy Narrowsly Passes by 0.33 Percent

marsbitHace 13 min(s)

Trading Volume Surges 10 Times in a Month, Who's Driving UNI's Soaring Price?

The article discusses the recent surge in the price of UNI, the governance token of Uniswap, which reached a high above $5.4 on August 31, marking a three-month increase of over 100%. The resurgence is attributed primarily to two key developments. First, Uniswap was designated as the primary Automated Market Maker (AMM) on the newly launched Robinhood Chain. Data shows Uniswap generated $4.29 million in fees in 24 hours on this chain and facilitated a tenfold increase in stock token trading volume over a month, reaching approximately $130 million daily. Second, a fundamental change in UNI's tokenomics, approved in December 2025, activated a "fee switch" mechanism. A portion of protocol fees is now directed to a "TokenJar" contract. Arbitrage bots can destroy an equivalent value of UNI tokens to claim these fees, creating a perpetual buy-and-burn pressure. This mechanism has led to the burning of over 110 million UNI tokens (worth $630 million), with recent daily burns exceeding $400,000 in value, nearly half contributed by activity on Robinhood Chain. The symbiotic relationship is highlighted: Uniswap gains a substantial new source of on-chain revenue to fuel its token deflation, while Robinhood Chain leverages Uniswap's deep liquidity and decentralized infrastructure for its stock token offerings. This integration represents a deeper convergence of traditional and decentralized finance.

marsbitHace 27 min(s)

Trading Volume Surges 10 Times in a Month, Who's Driving UNI's Soaring Price?

marsbitHace 27 min(s)

Major Reshuffle in Foreign Trade Cities! Shenzhen Surpasses Shanghai, Suzhou Surpasses Beijing

A major reshuffle has occurred in China's foreign trade city rankings for the first seven months of 2026. Shenzhen has consolidated its position as the top city, significantly widening its lead over Shanghai. Notably, Shenzhen's import value surpassed Shanghai's for the first time historically. Suzhou overtook Beijing to become the third-ranked city, while Wuxi entered the top ten, replacing Qingdao which dropped out. Xi'an emerged as the biggest dark horse, with its foreign trade soaring by 100.4%. Nationally, import growth (22%) significantly outpaced export growth (14%), becoming the primary driver of overall trade expansion. This surge in imports, particularly of intermediate goods, signals a recovery in domestic demand and strengthens the foundation for future exports. Key cities leading the charge are those with strong foundations in semiconductors and AI hardware. Xi'an's explosive growth is powered by major memory chip manufacturers like Samsung and Micron. Suzhou's rise is driven by electronics and AI computing hardware exports. Shenzhen, Hefei, and Wuxi also benefited from their robust integrated circuit and electronics manufacturing industries. The overall trend shows manufacturing and export-oriented cities advancing rapidly in the rankings. However, 19 of the top 30 cities grew slower than the national average, indicating an uneven recovery.

marsbitHace 42 min(s)

Major Reshuffle in Foreign Trade Cities! Shenzhen Surpasses Shanghai, Suzhou Surpasses Beijing

marsbitHace 42 min(s)

Marvell: Can't Compare to NVIDIA, Can't Meet Expectations, Overvaluation Gets Squeezed First?

Marvell Technology (MRVL.O) reported its Q2 FY2027 earnings (ending July 2026) after market close on August 27. Key points include: The company raised its full-year revenue outlook for FY2027 to $12 billion (from $11.5B) and for FY2028 to $18 billion (from $16.5B). However, these upward revisions were only slightly above market expectations and significantly trailed NVIDIA's recent explosive guidance. The Data Center segment, accounting for 79% of revenue, grew 19% quarter-over-quarter to $2.17 billion, primarily driven by connectivity products. For FY2028, management forecasts over 60% growth for this segment, again below NVIDIA's >70% outlook. A major disappointment for investors was the lack of an upward revision to the Custom ASIC business guidance, despite Marvell's recent partnership agreement with Google. The market had anticipated potential gains from Google's TPU orders, but the maintained guidance for "over 100% growth" in FY2028 (with no specific target for FY2027) led to concerns that the Google deal may be a less favorable "framework agreement" where Marvell holds a weaker negotiating position. Adjusted gross margin was flat at 58.3%. Q3 revenue guidance is $3.15 billion, slightly above consensus. Overall, the report was largely in line with expectations, but the subsequent stock decline is attributed to growth forecasts that failed to meet heightened market expectations (particularly versus NVIDIA) and lingering uncertainty around the tangible benefits of the Google ASIC partnership. High valuation faces near-term pressure, but expectations for >50% growth in the coming years and long-term ASIC opportunity may provide support.

marsbitHace 1 hora(s)

Marvell: Can't Compare to NVIDIA, Can't Meet Expectations, Overvaluation Gets Squeezed First?

marsbitHace 1 hora(s)

US Stock Market Trend (August 31st): Kashkari's Hawkish Remarks Weigh on Chip Stocks, US-Iran Weekend Strikes Boost Oil Prices

U.S. stock markets ended lower on Friday following hawkish remarks from Federal Reserve Chair Wash at the Jackson Hole symposium, which sharply increased the probability of a September rate hike from 35% to nearly 60%. Major indexes fell: the S&P 500 dropped 0.25%, the Nasdaq declined 0.52%, and the Dow was essentially flat. This shift in interest rate expectations pressured rate-sensitive assets, leading to significant declines in chip stocks. The Philadelphia Semiconductor Index fell 3.47%, with Nvidia dropping 4.57%, erasing about half its post-earnings gains. Geopolitical tensions also escalated over the weekend as the U.S. and Iran exchanged military strikes, raising concerns over the security of oil transit through the Strait of Hormuz. This pushed oil prices up over 2% in early Asian trading on Monday, reintroducing a geopolitical risk premium. In other energy news, former President Trump announced a landmark 25-year oil deal with Venezuela, aiming to significantly increase the country's oil production. However, this long-term supply boost was overshadowed in the short term by the Middle East conflict and the dominant market focus on interest rates. The core market narrative for the coming week revolves around the interplay between re-priced hawkish rate expectations and escalating geopolitical risks. Key areas to watch include the trajectory of Treasury yields, the evolution of U.S.-Iran tensions and its impact on oil prices, and whether the sell-off in high-valuation tech and semiconductor stocks stabilizes or continues under the pressure of higher rates.

marsbitHace 1 hora(s)

US Stock Market Trend (August 31st): Kashkari's Hawkish Remarks Weigh on Chip Stocks, US-Iran Weekend Strikes Boost Oil Prices

marsbitHace 1 hora(s)

Trading

Spot
活动图片