Morning Minute: Coinbase Pushes to Become 'Everything Exchange' With Stocks, Perps, and AI

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Today's apical news:

Crypto majors autumn 2-3% up of Warsh's archetypal FOMC today; BTC astatine $64.8k
Saylor's STRC falls to $91.80, lowest level of the twelvemonth
Coinbase rolls retired suite of caller products including stocks, perps and AI
Ethereum's Amsterglam upgrade enters last improvement signifier
SBF teases launching a coin erstwhile helium gets retired of situation

🏦 Coinbase Pushes to Become an "Everything Exchange" With Stocks, Perps, and AI

Coinbase unveiled a sweeping acceptable of products connected Tuesday arsenic portion of its latest System Update, making its clearest determination yet to go what it calls the "everything exchange."

The database of updates is long. Customers tin now trade US stocks, ETFs, and indexes alongside crypto, and adjacent transportation a banal portfolio from different brokerage. On apical of that comes:

options connected some equities and crypto
tokenized stocks backed one-for-one by existent shares with dividends passed done
perpetual futures tied to thematic baskets similar AI, defense, and Chinese equities;
pre-IPO perps
an SEC-registered AI advisor
automated trading agents, and
consumer products including a USDC-backed recognition card, Bitcoin question rewards, and loans against staked Solana.

The transportation is that the partition betwixt crypto and accepted concern is coming down, and Coinbase wants to beryllium the azygous app lasting connected the different broadside of it. Move your equities implicit from Schwab oregon Robinhood, commercialized options and crypto successful the aforesaid place, get against your staked SOL, and fto an AI advisor negociate the full thing. That is simply a brokerage, a bank, and a robo-advisor connected apical of a crypto exchange. It's surely a triumph for users, with much options than ever.

Coinbase Gears Up to Launch Tokenized Stock Trading, Crypto and Equities Options

So volition this determination the needle for Coinbase?

They surely aren't aboriginal with these updates, but the imaginativeness makes sense. Agentic trading is intelligibly the aboriginal and enabling infra for AI agents is simply a astute measurement forward. And tokenized stocks and perp futures are arsenic blistery arsenic ever connected the backmost of Hyperliquid's scorching success. If the wide pastry grows capable (and Standard Chartered is calling for RWAs for 40x by 2030), Coinbase whitethorn not adjacent request to bargain marketplace stock to win. They tin thrust the rising tides.