Coinbase rolls out stock trading, prediction markets and more in bid to become the ‘Everything Exchange’

Coinbase is significantly expanding its trading offerings by including stock trading and prediction markets. This strategy marks a crucial step in its ambition to become the 'Everything Exchange'. Users will now have access to trade various asset classes, starting with collaboration with Kalshi. This expansion demonstrates Coinbase's focus on popular assets like stocks and derivatives, particularly appealing to a younger investing audience. The move could allow Coinbase to provide more diverse options for users and enhance its platform’s monetization, amidst escalating competition from other exchanges. However, with this expansion come risks associated with new markets and products, including liquidity and volatility issues that investors need to navigate cautiously. How Coinbase addresses these challenges will be key going forward.