Saturday, December 20, 2025

Coinbase To Launch Stock Trading, Prediction Markets

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Replace (Dec. 18, 2:40 am UTC): This text has been up to date with extra data and Coinbase’s inventory value.

Coinbase is launching inventory buying and selling and prediction markets because the crypto alternate seems past digital belongings to chase its ambition of making an “every part app.”

Coinbase head of client and enterprise merchandise, Max Branzburg, announced on the firm’s year-end convention that “inventory buying and selling is now obtainable on Coinbase.”

“This can be a main milestone in our plan to allow 24/7 buying and selling of shares and ETFs from anyplace on this planet, powered by crypto,” he stated.

Branzburg additionally stated that Coinbase has launched prediction markets in partnership with Kalshi, which is able to start its rollout right this moment and later come to the US.

Final month, tech researcher Jane Manchun Wong discovered that Coinbase was growing a prediction markets platform, which indicated it might be backed by Kalshi.

Coinbase can also be set to supply 24/7 perpetuals early subsequent 12 months, which is able to permit customers to wager on crypto and shares gaining or dropping with as much as 50 instances leverage.

Branzburg stated that the brand new product lineup is a part of Coinbase’s “every part alternate.” The corporate began to put the groundwork for a wider set of choices in July, rebranding its wallet app as an “every part app” that added apps, social networks and chat options.

The modifications have been anticipated as Bloomberg reported on Thursday that Coinbase would launch prediction markets and inventory buying and selling, which Brian Huang, CEO of the Coinbase-backed portfolio supervisor Glider, stated have been the predictable “huge bulletins.”

Associated: Crypto’s ‘super app’ race is on as industry enters aggregation era: Report

“Coinbase is beginning to look much more like Robinhood,” Huang stated in an emailed assertion to Cointelegraph. “Why isn’t Coinbase embracing being extra onchain? That may be the true differentiator for them.

”Why not construct onchain shares? As an alternative, we’ve got the identical providing as Robinhood,” he added. “I can solely think about it’s coming quickly.”

Shares in Coinbase closed buying and selling on Wednesday down over 3.3%, however noticed a slight 1.5% comeback after-hours to $247.85.

Huang stated it “begs the query” why Coinbase’s market worth is hovering underneath $66 billion, whereas rival Robinhood is value over $104 billion.

“Coinbase has an enormous leg up when belongings really start to change into tokenized, even Robinhood admits that,” he stated. “Coinbase is undervalued right here. It would shut the hole to Robinhood.”

Journal: Can Robinhood or Kraken’s tokenized stocks ever be truly decentralized?