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

Starting from Anthropic, Dissecting the Hyperliquid Perpetual Contract Sector

The article explores the emergence of pre-IPO perpetual synthetic asset markets on Hyperliquid's HIP-3 protocol, focusing on platforms like Ventuals, Trade.xyz, and Entropy. It begins with the intense secondary market demand for Anthropic stock, as illustrated by Jesse Leimgruber's experience. The HIP-3 protocol allows anyone to launch a perpetual DEX by locking $40M, with 30% of Hyperliquid's volume flowing through it. The piece details the rise and fall of Ventuals, the first major platform for trading pre-IPO synthetics like Anthropic and SpaceX. Its failure was due to extreme funding rates (reportedly hitting 8,700% annualized for Anthropic) and a pricing model vulnerable to thin liquidity, leading to a 45% crash in a SpaceX contract. Trade.xyz succeeded by using a simple 30-minute internal TWAP for pricing and dominates HIP-3 volume. Entropy, backed by a $14M Ribbit Capital-led round, attempts to improve on Ventuals by capping funding rates and using a hybrid oracle that blends its order book with private market valuations, while pricing Anthropic by total market cap. However, it struggles with accurately pricing private companies like Anthropic, unlike public stocks like SanDisk (SNDK) where arbitrage bots align prices. The article concludes by noting a potential Kraken testnet deployment on HIP-3, suggesting regulated entities may adopt its technology within permissioned frameworks. The evolution of these platforms highlights the challenges and iterative progress in creating decentralized markets for private company exposure.

marsbit26m ago

Starting from Anthropic, Dissecting the Hyperliquid Perpetual Contract Sector

marsbit26m ago

Bitcoin’s new quantum defenses, 18.9M SOL cancelled: Hodler’s Digest

This digest covers key developments in crypto from late August 2026. Major progress was made on Bitcoin's quantum security: StarkWare's Avihu Levy tested a quantum-resistant transaction on mainnet, while Blockstream published a BIP for the SHRINCS signature scheme, a significant but trade-off-laden step towards post-quantum defense. In other news, Solana validators approved a proposal to double the annual disinflation rate to 30%, accelerating the schedule to reach its 1.5% terminal inflation to ~2.8 years and reducing issuance by 18.9M SOL. A report from Public Citizen alleges Trump-related crypto ventures cost investors an estimated $4.7B since 2022. Market-wise, Bitcoin's rally outpaced most AI stocks, and Bernstein analysts predict a new cycle with a $125K base target. Revolut began rolling out its euro stablecoin, EURR, in three European markets. Weekly performance saw BTC up 1.1%, with VeChain (VET) and SPX6900 among top altcoin gainers. CryptoQuant's CEO declared the Bitcoin bear cycle over based on onchain metrics. However, a survey found 77% of Americans view crypto in retirement plans as risky. Other stories included Polygon disclosing fixed security flaws and denials from "Real Trump Coins" over an unauthorized GOLD token launch.

cointelegraph51m ago

Bitcoin’s new quantum defenses, 18.9M SOL cancelled: Hodler’s Digest

cointelegraph51m ago

"Bulls" Prepare for Another Attempt to Break Through the $81,000 Mark Amid Bitcoin Price Rise

"Bulls" are preparing for another attempt to break the $81,000 mark as Bitcoin's price rises. Currently trading around $78,650, BTC is up 1.8% over the past week and 23.5% since July 30. Daily trading volume stands at roughly $13.1-13.9 billion. Despite the upward price movement, derivatives liquidations have been limited, with $75.71 million liquidated in the past 24 hours, primarily short positions on Bitcoin. Technical indicators confirm the uptrend remains intact, with the price holding above key moving averages. Daily RSI is around 73 (neutral), while the Stochastic is at 83. The MACD also remains positive. Key resistance lies around $79,000-$81,000; a break above could resume last week's rally. Support levels are at $77,500, $73,000-$74,650, and more deeply at $68,000-$69,000. Traders are advised to monitor liquidity, trading volume, ETF inflows, and broader macro events. September presents a busy calendar of potential catalysts, including geopolitical tensions in the Middle East, the upcoming Federal Reserve meeting, and potential U.S. Senate action on the CLARITY Act, which could introduce market volatility.

cryptonews.ru2h ago

"Bulls" Prepare for Another Attempt to Break Through the $81,000 Mark Amid Bitcoin Price Rise

cryptonews.ru2h ago

Saylor Hints that Strategy Has 'Returned' to Bitcoin Purchases

Michael Saylor of MicroStrategy posted "We're back" on X (formerly Twitter), hinting at a likely resumption of the company's bitcoin purchases. The post is seen as a strong psychological signal, following Saylor's past pattern of cryptic weekend teasers preceding official Monday morning announcements of bitcoin buys for the company's treasury reserves. If this pattern holds, it would mark a renewal of corporate bitcoin accumulation after a notable summer pause. For context, MicroStrategy had paused its regular weekly bitcoin purchases over the past two months to focus on balance sheet strengthening, stock offering stabilization, and building cash reserves. This pause coincided with market challenges that pushed the company's massive bitcoin holdings deep into unrealized losses. However, with bitcoin's recent rise above $80,000, MicroStrategy's position—holding over 840,447 BTC with an estimated average cost of about $75,385—has returned to profitability. Saylor's statement thus signals both an operational readiness to deploy significant liquidity back into bitcoin and a psychological "triumphant return to profitability" for the world's largest corporate bitcoin holder.

cryptonews.ru2h ago

Saylor Hints that Strategy Has 'Returned' to Bitcoin Purchases

cryptonews.ru2h ago

Early Bitcoin Users Show Activity: $500M Worth of 6,427 BTC Moved in August

Early Bitcoin users have become significantly active, moving 6,427 BTC worth approximately $500 million in August. This follows reports of losses from a Coldcard firmware vulnerability and data leaks from wallet manufacturers Safepal and Trezor in July, potentially prompting holders to reassess their storage strategies. August saw a dramatic surge compared to July, with daily dormant BTC movement averaging 214.25 BTC—5.3 times higher than July's 40.78 BTC. A total of 188 transactions moved dormant coins, including eight from wallets created in 2010 or 2011. The most activity came from wallets created between 2012 and 2017, with 2014-vintage wallets dominating. Notably, the 2014 cohort split into two groups with distinct behaviors: one moved coins gradually over several days, while another group of 25 addresses emptied nearly identical amounts of ~50 BTC within one hour on August 19, suggesting coordinated action by a single entity. While a direct link to security incidents is unconfirmed, this coordinated movement of old coins indicates early users and large holders may be proactively consolidating assets, viewing old keys as potential liabilities. The true motives remain unknown, with only blockchain movements as evidence.

cryptonews.ru2h ago

Early Bitcoin Users Show Activity: $500M Worth of 6,427 BTC Moved in August

cryptonews.ru2h ago

Trading

Spot
活动图片

Hot Categoriesright-arrow

Hot Tagsright-arrow