Coinbase has launched stock trading and prediction markets to broaden its platform.
The move reflects a strategic shift beyond cryptocurrencies into traditional financial products.
Executives described the expansion as part of an “everything app” vision.
Coinbase head of consumer and business products Max Branzburg announced the updates.
Stock trading is now available on Coinbase. - Max Branzburg said.
He said the launch supports round-the-clock access to traditional markets.
This is a major milestone to enable 24/7 trading of stocks and ETFs. - Branzburg said.
Coinbase said crypto infrastructure will power the new stock trading system.
The company also introduced prediction markets through a partnership with Kalshi.
Branzburg said the rollout begins immediately before expanding in the United States.
The partnership follows earlier speculation around prediction market development.
Tech researcher Jane Manchun Wong previously identified Kalshi-linked code at Coinbase.