- Coinbase to offer tokenized stocks and prediction markets on-chain.
- U.S. users will access early token sales through new platform.
- Exchange faces competition from Kalshi, Polymarket, and global platforms.
Coinbase is preparing to expand its platform by introducing a new on-chain exchange that will include tokenized stocks, prediction markets, and early-stage token sales. The upcoming rollout will first be available to U.S. users, according to Max Branzburg, the company’s vice president of product.
According to Branzburg, the new platform is a one-stop shop for all possible kinds of assets. The exchange will offer trades of a broad set of tradable options, including users having access to equities and predicting events right on-chain.
To popularize the move, Coinbase even released a marketing video and called it an everything exchange. This is the company’s newest attempt to expand its presence and become more than a cryptocurrency trading platform.
Also Read: Dogecoin Crashes Below Key Support as $751M in Crypto Longs Wiped Out
Prediction Markets and Tokenized Stocks to Lead Competitive Push
The inclusion of prediction markets positions Coinbase against existing players like Kalshi, which remains the only federally licensed prediction market operator in the United States. Global rival Polymarket also plans to enter the U.S. market through its acquisition of the licensed derivatives exchange QCEX.
Coinbase will also compete with Robinhood, Gemini, and Kraken in offering tokenized stocks. Nevertheless, the other platforms offering tokenized equities do not yet cater to investors in the United States, which is an advantage that Coinbase has a head start in this area.
In addition to the product announcement, Coinbase announced its quarterly earnings. The company disclosed that spot trading has decreased marginally compared to the first quarter of 2025. It also revealed its financial impact in data theft cases during the quarter was 307 million dollars.
Coinbase stock went nowhere on Thursday, even after it announced its increased services and financial report. According to COIN tracking data provided by The Block, the share price did not experience any considerable movement during the trade.
Coinbase is set to transform its platform with an all-inclusive exchange model that merges traditional and blockchain-based assets. The upcoming features are designed to give U.S. users direct access to a broader set of financial instruments within a single, unified system.
Also Read: XRP to $6 and $15 Still Active as Analyst Proves With Historical Patterns
