Coinbase adds stock trading, prediction markets in ‘everything app’ push
Coinbase is launching stock trading and prediction markets as part of its strategy to become an "everything app."Summary
Coinbase is aggressively pursuing its goal of becoming an "everything app" by introducing significant new features, including stock trading and prediction markets. Max Branzburg, Coinbase's head of consumer and business products, announced that stock trading is now available, marking a step toward enabling 24/7 trading of stocks and ETFs globally, powered by crypto. Furthermore, Coinbase has partnered with Kalshi to launch prediction markets, which began rolling out immediately. These additions complement Coinbase's existing efforts to broaden its platform, which began in July when it rebranded its wallet app to include apps, social networks, and chat features. The company also plans to introduce 24/7 perpetuals early next year, allowing leveraged bets on crypto and stock price movements.
(Source：Cointelegraph)