According to ME News, on December 18 (UTC+8), Coinbase announced a significant expansion of its trading assets at its System Update event, including new services such as stock trading, prediction markets, new cryptocurrencies, and perpetual futures, aiming to solidify its market positioning as an "all-in-one exchange."
Coinbase will initially launch trading services for hundreds of stocks based on market capitalization and trading volume, with plans to add thousands more stocks and ETFs in the coming months. Users will enjoy zero-commission trading and trading 24/7, five days a week, without the time constraints of traditional markets. Furthermore, Coinbase has partnered with Kalshi, an $11 billion prediction market provider, to allow users to trade the outcomes of real-world events such as elections, sports, collectibles, and economic indicators.
Coinbase also launched Coinbase Advisor, an AI-powered wealth management tool, and Coinbase Business, a service for startups, further expanding its business scope. Company executives stated that these new features will be supported through the Coinbase Tokenize platform, an end-to-end institutional-grade platform designed for tokenized physical assets. (Source: ME)
