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

cointelegraphPubblicato 2025-12-17Pubblicato ultima volta 2025-12-17

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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?

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Bitcoin Withdrawals Continue: 8 Years of Storage in a Coldcard Cold Wallet Ended in Zero

Coldcard Hardware Wallet Hacked: Losses Mount Due to Vulnerable Seed Generation A critical vulnerability in Coldcard hardware wallets has led to a continued wave of fund thefts. According to Galaxy Research, the total stolen has reached 1,367.05 BTC (approx. $88.6 million) from 4,585 addresses, a significant increase from the initial 594.5 BTC reported on July 30, 2026. Most of the stolen funds remain on the attackers' addresses. The issue is not with the current firmware, which Coinkite has updated, but with seed phrases generated on vulnerable devices between March 2021 and the release of fixed firmware versions. Due to a programmer error, devices switched from using a hardware random number generator to the software-based Yasmarang generator, which was initialized with publicly accessible data like the chip's serial number. This made the seed phrases predictable through offline brute-force attacks, meaning wallets remain at risk until funds are moved to a new wallet generated with the patched firmware. Affected devices include Mk2/Mk3 with firmware 4.0.1–4.1.9 (and up to 5.0.3), Mk4/Mk5 up to version 5.6.0, and Q models up to 1.5.0Q. The only exceptions are seeds created with a high-entropy method like at least 50 independent dice rolls or a strong unique BIP-39 passphrase. All other owners must generate a new seed on the fixed firmware and transfer their assets. A case highlighting the human impact involves a 39-year-old long-term investor who lost 2 BTC (approx. $130,000) in minutes. He had accumulated the Bitcoin over eight years through physical labor, viewing it as a financial lifeline and a retirement plan in a country suffering from hyperinflation. His story underscores that even conservative "buy and hold in cold storage" strategies can be compromised by such underlying technical flaws. From a technical perspective, this incident echoes historical failures where weak random number generators undermined cryptographic security, challenging the assumption that offline storage is automatically foolproof.

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Bitcoin Withdrawals Continue: 8 Years of Storage in a Coldcard Cold Wallet Ended in Zero

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