Coinbase Adds ACATS Stock Transfers in Push Beyond Crypto

Coinbase is permitting customers to switch current inventory portfolios onto its platform, marking one other step in the corporate’s push past cryptocurrency buying and selling and towards changing into a full-service monetary platform.

On Tuesday, Coinbase unveiled expanded inventory and exchange-traded fund (ETF) buying and selling by Coinbase Superior, its platform for energetic merchants, permitting US customers to switch current portfolios from different brokerages straight onto the trade. The replace builds on the inventory and ETF buying and selling service Coinbase launched earlier this 12 months, which initially supplied entry to roughly 6,000 securities.

The corporate can also be providing zero-commission buying and selling, TradingView charting instruments, fractional shares and as much as 3.5% rewards on eligible USDC (USDC) balances.

A Coinbase spokesperson instructed Cointelegraph that customers will be capable to bodily switch their holdings to the platform by the Automated Buyer Account Switch Service (ACATS), which permits securities and money to maneuver between brokerages with out being bought.

Screenshot from a Coinbase account. Supply: Coinbase

The enlargement positions Coinbase to compete extra aggressively with conventional brokerages and fintech platforms similar to Robinhood by permitting customers to handle shares, ETFs and cryptocurrencies from a single account slightly than throughout a number of providers.

Coinbase’s Tuesday announcement additionally revealed a broader expansion of its trading offerings, together with plans for crypto and inventory choices, thematic fairness index perpetual futures, pre-IPO perpetuals and expanded prediction markets. Coinbase mentioned tokenized shares can be obtainable to prospects outdoors the US starting subsequent month.

Whereas some options can be found instantly, others will roll out over the approaching months, with no preliminary timeline supplied.

Associated: Coinbase launches 24/7 stock perps for non-US traders

Coinbase expands as crypto buying and selling revenues fluctuate

Coinbase’s continued enlargement past crypto comes as competitors in the web brokerage trade intensifies and the corporate seems to diversify income streams which have traditionally been tied to digital asset markets.

The corporate’s monetary efficiency has usually tracked crypto worth cycles. For instance, Coinbase reported stronger-than-expected fourth-quarter 2024 earnings, with a post-election rally fueling a 130% leap in income. 

Extra just lately, nonetheless, it posted a shock loss in the primary quarter of 2026 as weaker cryptocurrency costs weighed on buying and selling exercise. The corporate reported a lack of $1.49 per share on $1.41 billion in income, lacking analysts’ expectations for earnings of 27 cents per share on $1.52 billion in income.

A abstract of Coinbase’s Q1 2026 earnings. Supply: Coinbase

Though spot crypto buying and selling stays Coinbase’s main income, increasing into shares, ETFs and different monetary merchandise may assist cut back its dependence on the volatility of digital asset markets.

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