Coinbase says its new “everything exchange” will include tokenized assets, stocks, derivatives, prediction markets, and more, for US users in the coming months
Coinbase is planning to expand its core trading app beyond crypto, the company said Thursday.
CNBCTanaya Macheel
Context & Ripple Effects
Coinbase’s planned expansion turns a crypto-centric trading app into a broader financial marketplace for US users. It follows a longer effort to add regulated-market capabilities, including its FairX acquisition for US crypto derivatives and an earlier push into securities infrastructure through the Keystone Capital deal.
The move also parallels Coinbase’s Base App “everything app” repositioning, extending the same consolidation logic from wallet, payments and social features into trading. Later coverage shows the product direction materialized through stock trading and prediction-market access.
First-order effects
US Coinbase customers are set to gain access to tokenized assets, stocks, derivatives and prediction markets from the same core trading app, rather than using crypto-only tools for those activities.
Coinbase must operate a substantially broader mix of products and market structures, raising the importance of its securities, derivatives and prediction-market capabilities.
Second-order effects
Brokerages, crypto exchanges and prediction-market platforms face a more direct fight for users who prefer a single account and interface across asset classes.
Bundling can make Coinbase’s existing customer base more valuable: cross-selling may increase engagement, while competitors may need to broaden product menus or sharpen specialist positioning.
Third-order effects
If this model gains traction, the boundary between crypto venues, retail brokerages and event-contract platforms will weaken, with multi-asset distribution becoming a central competitive advantage.
The expansion also makes regulatory alignment more consequential: firms attempting to combine these markets will need permissions and operational structures that support distinct product categories.
The trend: Coinbase is part of a broader platformization of retail finance, in which crypto firms seek to become multi-asset, all-in-one trading destinations.
Are people overlooking that $COIN achieved its highest monthly candle close ever, surpassing the linear scale 0.786 Fibonacci level at $344.37? This is incredibly bullish! https://x.com/... [image]
For days that you feel stressed about $COIN Read my prior tweet. I have much to add to this list. Don't get stressed out by a quarter or two. In long horizon, you have invested in the best growth company since mag 7. In a few years, it will be mag 8.
Been working overtime last 2 days following @epictrades1 after hours. Some of my best trades over the years have come from a call from David during big cap earnings after hours. Got $RDDT, $COIN and $AMZN today. This market has been crazy, gotta find your spots.
Coinbase Q2 FY2025: From Crypto Chaos to Profit Monster 💰🪙 $COIN didn't just beat expectations, it annihilated them. Despite flat revenue, explosive gains from crypto holdings flipped the quarter from mediocre to meteoric. Total Revenue: 🟢 $1.45B → $1.50B, up 3.3% Operating [imag…
$COIN Monthly Chart. Earnings are not that relevant when considering that price has just closed the highest monthly candle ever, and the second consecutive monthly candle above the 0.786 linear Fibonacci level. That level is also the neckline of the cup & handle pattern, which [i…