Coinbase Plans US Expansion With Tokenized Stocks, Prediction Markets

Coinbase is launching an ambitious initiative called the “Everything Exchange” to create a unified trading platform that integrates cryptocurrencies, derivatives, tokenized stocks, prediction markets, and early-stage token sales into a single on-chain ecosystem. This expansion aims to merge traditional and digital financial instruments, offering U.S. users access to tokenized equities with fractional shares, near-instant settlement, and 24/7 trading, pending regulatory approval. The company is also rolling out nano futures contracts for retail investors and plans to integrate over 300 crypto assets, positioning itself as a bridge between legacy financial markets and decentralized finance. A key strategic partnership with JPMorgan Chase will enable millions of Chase customers to fund Coinbase accounts and convert loyalty points into stablecoins, facilitating greater mainstream adoption. Despite these growth initiatives, Coinbase's Q2 2025 earnings showed a 39% drop in core transaction revenue due to decreased retail activity and fee changes, though stablecoin revenue increased by 12%, underscoring the firm’s pivot toward practical crypto applications like cross-border B2B payments. Overall, Coinbase is focused on expanding its financial product suite to attract both retail and institutional investors while navigating regulatory challenges and market volatility.