Coinbase Launches 24/5 Stock and ETF Trading for All U.S. Users, Expanding Beyond Crypto

Coinbase has expanded its platform to include 24/5 stock and ETF trading for all U.S. users, aiming to become an “everything exchange.” Users can trade U.S.-listed stocks and ETFs alongside crypto, with zero commission on eligible securities, funding trades with U.S. dollars or USDC, and purchasing fractional shares starting at $1. The company is partnering with Yahoo Finance for discovery and integrating real-time data, and utilizing Apex Fintech Solutions for brokerage functions. This move directly competes with platforms like Robinhood and aims to diversify Coinbase’s revenue streams, which have been heavily reliant on crypto trading, especially given recent financial performance including a fourth-quarter net loss of $667 million. Coinbase also plans to explore tokenized stocks and expand trading hours for additional securities.

(Source：Bitcoin Magazine)