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Coinbase partners with Yahoo Finance as it opens stock trading to all US users

The Block
Coinbase has fully launched stock trading for all US users and partnered with Yahoo Finance to expand its reach.

Summary

Coinbase has expanded its stock trading service, initially launched in December to a limited group, to all users across the United States, now offering thousands of tradable assets.

As part of this expansion, Coinbase has partnered with Yahoo Finance, which will integrate a "Trade [asset] on Coinbase" button on its stock and crypto pages to reach a wider audience. This move positions Coinbase in greater competition with fintech firms like Robinhood as it pursues its goal of becoming an "everything exchange."

The new equities offering allows commission-free trading 24/5 for eligible stocks, supporting funding via USD or USDC, with fractional shares available starting at $1. Coinbase also plans to introduce tokenized stocks and expand stock perpetual products internationally, subject to regulatory approval.

(Source:The Block)