Coinbase announces major system updates to its platform

Coinbase (COIN) announced it has begun rolling out stock trading to Coinbase users in the United States. Consumers will now be able to buy, sell, and manage leading stocks and ETFs alongside your crypto portfolios – with USD or USDC – all within one Coinbase app and account. To begin down that path, the company plans to launch Coinbase Tokenize, its new end-to-end institutional platform for tokenizing real-world assets. The company also began rolling out access to prediction markets on Coinbase in the United States. Consumers will soon be able to trade on the outcomes of real-world events like elections, sports, collectibles, and economic indicators, with prices of the event contracts determined by the collective trading activity of market participants. The company is also bringing these advanced financial tools into the hands of millions in the United States by rolling out a new, simplified trading experience in the Coinbase app. Additionally, Coinbase is expanding its DEX trading integration to include access to Solana tokens. Coinbase Business becomes available to all eligible businesses in the U.S. and Singapore. The new Base App is officially available in more than 140 countries.