Everything New on Coinbase: The Everything Exchange
By Franco Gaite Updated December 31, 2025
Summary
- Coinbase, the largest U.S. cryptocurrency exchange with over 100 million users, has announced several product expansions– most notably stock and ETF trading, prediction markets, direct access to Solana tokens, and custom stablecoins– positioning itself as a unified “Everything Exchange” platform.
- One of the most notable additions to Coinbase’s financial suite are stock and ETF trading in the United States through its brokerage arm, Coinbase Capital Markets Corp.
- The Base App is now available to the public in more than 140 countries, shifting Base from a network mainly built for developers into a global app that brings everyday users onchain.
Introduction
Coinbase, the largest U.S. cryptocurrency exchange with over 100 million users, has announced several product expansions– most notably stock and ETF trading, prediction markets, direct access to Solana tokens, and custom stablecoins– positioning itself as a unified “Everything Exchange” platform.
Industry leaders are racing to expand products, strike partnerships with major financial institutions, and acquire high-user platforms, all aimed at consolidating user activity under one roof. With Coinbase valued at roughly $65 billion and revenue up 47.4%, it’s no surprise they’re expanding fast and pushing into every major corner of the crypto landscape.
This article covers everything you need to know about Coinbase’s latest products and updates.
What’s New with Coinbase?
One of the most notable additions to Coinbase’s financial suite are stock and ETF trading in the United States through its brokerage arm, Coinbase Capital Markets Corp. Customers can now buy and sell stocks right next to their crypto– using either dollars or USDC– in one app. Coinbase says trades will have zero commissions and offer longer trading hours than most traditional brokers, including 24-hour trading on select stocks, five days a week. The company also plans to list thousands more stocks soon. And for users outside the U.S., Coinbase is preparing stock-based perpetual futures which are anticipated to be available to the public by 2026.
Coinbase is also entering prediction markets via a partnership with Kalshi, the first federally regulated exchange where users can trade “event contracts.” If you’re new to prediction markets, they let people trade contracts on real-world outcomes– like elections, economic data, sports, or pop culture. As traders buy and sell, the price moves and reflects what the crowd thinks will happen. Users on Coinbase will be able to trade outcomes with positions as small as $1, funded in dollars or USDC, with contracts reflected in the Coinbase app like any other asset. Analysts at Citizens Financial estimate that the prediction market category generates nearly $2 billion in revenue today, and project it could grow sharply as institutional participation expands.
Update: As of December 23, 2025, Coinbase signed a definitive agreement to acquire The Clearing Company, with the deal expected to close in January 2026. The acqui-hire brings in Polymarket/Kalshi veterans to build U.S.-compliant, onchain prediction market infrastructure. Led by Toni Gemayel– formerly a growth lead at Polymarket and Kalshi– Coinbase aims to scale prediction markets while staying on the right side of U.S. betting and market-structure regulations.
Other product rollouts include: Coinbase Business, a suite aimed at startups and small-to-midsize companies for payments, digital asset management, and workflow automation; custom stablecoins, which would let businesses issue branded digital dollars backed by flexible collateral; x402, an open standard designed to enable stablecoin payments for web requests and even AI agents; and Coinbase Advisor, an in-app AI assistant built to help users understand their portfolios and execute trades. Longer term, Coinbase also plans to launch Coinbase Tokenize, an institutional platform for issuing and managing tokenized real-world assets– including tokenized equities– with more details expected in 2026.
The Base App Goes Worldwide
Beyond Coinbase’s financial products, its L2 has also made a major push on social media. The Base App is now available to the public in more than 140 countries, shifting Base from a network mainly built for developers into a global app that brings everyday users onchain.
This expansion supports a flywheel with community participation at its core. As the user base grows, liquidity deepens and engagement rises, attracting more creators and apps, which creates even more reasons for people to keep using Coinbase. Jesse Pollak, creator of Base and Head of Protocols at Coinbase, often emphasizes the importance of onchain social activity. In a previous interview, Pollak said onchain social could fundamentally reshape how people connect online.
Our perspective is that onchain social is going to be a massive, massive transformation where we’re going to have all of the incredible product experiences and connected experiences that have come from social in the last 20 years.
- Jesse Pollak, Creator of Base and Head of Protocols at Coinbase
With the Base app now available globally, Base is lowering the barrier to participate onchain by packaging wallets, apps, and discovery into a familiar, social-first experience. By integrating social features directly into the ecosystem, Base can make onboarding feel less like setting up crypto infrastructure and more like joining a network (think early Facebook days)– where users can explore mini-apps, follow creators, and transact on the same platform.
Solana Tokens Become the First Tradable Assets Outside the Base Ecosystem
With Solana now supported natively, Coinbase says onchain assets across both Solana and Base ecosystems will be accessible directly, turning the app into a single gateway to millions of cross-chain tokens. Coinbase’s integration of Jupiter, Solana’s leading DEX aggregator, brings decentralized liquidity directly into the Coinbase app and lets users trade newly launched Solana tokens from day one without switching to external DEX interfaces or managing separate wallets.
Coinbase also says this is just the start, with plans to add more DEX integrations across additional networks over time. Users should see the range of accessible assets expand significantly without leaving the app.
Custom Stablecoins are Now Available
Stablecoins are a major part of Coinbase’s push. The company launched Custom Stablecoins, a product that lets businesses create their own branded dollar tokens backed 1:1 by a flexible mix of USDC and other USD stablecoins, rather than cash in a bank. Early partners testing the product include Flipcash and Solflare, which are prominent applications in Solana’s DeFi landscape.
Coinbase is also pursuing a deeper foothold in the U.S. banking system, having applied for a National Trust Company charter from the Office of the Comptroller of the Currency (OCC), a federal banking regulator. This type of charter would place parts of Coinbase’s operations under a more traditional federal banking framework. Coinbase says the application is still under review.
At the same time, Coinbase is building out its payments and developer tools, offering APIs for custody, trading, stablecoins, and settlement. It says companies such as Deel, Papaya, Routable, and dLocal already use its payment rails. Coinbase also highlighted x402, an open standard that attaches stablecoin payments to web requests, which it says can support automated payments from AI agents and has reached more than $200 million in annualized volume over a recent 30-day period.
We expect existing Coinbase customers will bring all of their assets under one roof, while we reach a new subset of consumers.
- Max Branzburg, Head of Consumer & Business Products at Coinbase
Conclusion
Coinbase is aiming to become the default gateway to the onchain economy by building an “everything exchange” where users can access crypto, stocks, derivatives, payments, and social features in one place. Instead of competing feature by feature with brokers, exchanges, or fintechs, it is trying to unify users, assets, and applications into a single, always-on platform.
JPMorgan is among the first, launching its deposit-token product under JPM Coin on Base so institutional clients can send and receive funds onchain, reinforcing Coinbase’s pitch that Base can support regulated, enterprise-grade activity on a public L2. The participation of TradFi and DeFi giants like JPMorgan and Jupiter bring a substantial amount of both trust and liquidity into the Coinbase experience.
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