Coinbase has confirmed plans to introduce tokenised US equities and prediction markets in the coming months, marking a significant expansion of its platform beyond traditional crypto trading.
The move, first reported by CNBC, positions the exchange to compete more directly with fintech rivals such as Robinhood and Kraken, which have already launched similar offerings outside the United States.
The tokenised stocks—digital representations of shares tradable on blockchain infrastructure—will allow users to buy and sell fractional shares with faster settlement and lower costs than conventional equity markets. Prediction markets will enable users to speculate on the outcomes of future events using crypto assets.
“We’re building an exchange for everything,” said Max Branzburg, Coinbase’s vice president of product. “Everything you want to trade, in a one-stop shop, on-chain… We’re bringing all assets on-chain—stocks, prediction markets, and more.”
The launch is expected to begin in the US, with international expansion subject to regulatory approval. The announcement comes as Coinbase reported weaker-than-expected Q2 earnings, with shares falling over 6% in post-market trading.