Core Insights - Coinbase is expanding its product offerings to create an "everything exchange" that allows users to trade a variety of assets beyond just cryptocurrencies [1][2] - The new features include stock and ETF trading, prediction markets, and an AI-powered financial advisor [1][6] Product Expansion - Starting Wednesday, US users can trade stocks and ETFs 24/5 in the Coinbase app alongside cryptocurrencies [2] - Users will have a unified experience with one account, one portfolio view, and one transaction history for both stocks and cryptocurrencies [3] - Coinbase plans to launch Coinbase Tokenize next year, enabling users to tokenize stocks and other real-world assets [3] Decentralized Exchange Integration - Coinbase will integrate trading on Jupiter, a Solana-based decentralized exchange aggregator, within its app [4] - This marks the first expansion of in-app decentralized exchange trading, which was previously limited to the Base layer 2 blockchain [4] - The integration will significantly increase the number of crypto assets available for trading on Coinbase [5] Prediction Markets and AI Features - Coinbase will introduce prediction markets for US users through a partnership with Kalshi, with plans to support contracts from other platforms in the future [6] - An AI-powered investment advisor will be available to recommend investments in stocks, cryptocurrencies, and event contracts [6]
Coinbase to launch stock trading, prediction market, AI ‘advisor’