Morning Minute: Coinbase Wants to Be the Everything Exchange

Coinbase is entering a caller era.

And it’s bigger than crypto.

At its Wednesday nighttime event, Coinbase unveiled a wide slate of caller products arsenic portion of its propulsion to go an “everything exchange.”

With this move, they are bringing accepted finance, crypto-native tools, and onchain infrastructure into a azygous platform.

Products announced connected Wednesday:

• Commission-free banal and ETF trading (U.S.), allowing users to commercialized equities alongside crypto utilizing USD oregon USDC

• Prediction markets, enabling trading connected real-world outcomes similar elections, sports, and economical information via a concern with Kalshi

• Equity futures and perpetuals trading, expanding derivatives entree straight wrong the main Coinbase app

• Solana DEX trading via Jupiter, allowing users to swap Solana tokens straight connected Coinbase

• New Borrowing functionality against BTC and ETH holdings

• Coinbase Token Sales, allowing for ICO launches and early-stage token support

• Coinbase Tokenize, an organization level designed to enactment tokenized assets, including tokenized stocks implicit time

• Base App planetary launch, making Coinbase’s onchain “everything app” disposable successful much than 140 countries

• Coinbase Business, present mostly available, offering payments, invoicing, and USDC-based tools for companies

• Expanded stablecoin and payments APIs, including embedded wallets and custom-branded stablecoins for builders

• Coinbase Advisor, an AI-powered adjunct designed to assistance users navigate portfolios and Coinbase products

Years of products and roadmap - each announced connected 1 night.

“A caller epoch of Coinbase is here.

I privation america to beryllium the #1 fiscal services app successful the world. With our caller releases similar banal trading and prediction markets, our fiscal absorption tools that outperform accepted alternatives, and our crypto arsenic a work offerings, we’re positioned to marque this a reality.” - Brian Armstrong, CEO of Coinbase

Coinbase is intelligibly pursuing the caller “everything app” exemplary that Robinhood and others are leaning into.