Coinbase has launched services such as stock trading and prediction markets, aiming to become a "universal exchange".

According to a blog post published Wednesday, US-listed cryptocurrency exchange Coinbase (COIN) is introducing stock trading and integrating prediction markets, along with a range of other new products and assets, aiming to solidify its position as a "universal exchange." Coinbase stated that it is significantly expanding the variety of assets tradable on its platform, including new cryptocurrencies, perpetual futures, stocks, and prediction markets, initially in partnership with Kalshi, with plans to integrate more assets later. In addition, Coinbase launched a new AI-driven wealth management advisory service, as well as Coinbase Business, designed to help startups and small businesses integrate cryptocurrencies.