Coinbase is expanding beyond just cryptocurrencies. The popular U.S.-based exchange announced a major update that will let American users trade traditional stocks and exchange-traded funds (ETFs) directly through its platform—without paying any commission fees.

In a livestream event, Coinbase shared that it’s rolling out more than a dozen new features and upgrades. These include support for stock trading, prediction markets, and tools for creating digital versions of real-world assets. Users will also gain access to decentralized finance (DeFi) apps on the Solana blockchain, all through the Coinbase app.

Soon, Coinbase users in the U.S. will be able to buy and sell thousands of stocks and ETFs that trade five days a week—just like with traditional brokerages. Looking ahead, the company plans to launch perpetual futures based on international stocks by next year. This brings Coinbase closer to its goal of offering tokenized stocks, similar to what platforms like Robinhood and Kraken are doing.

Coinbase also plans to offer tools for institutions to tokenize assets, making it easier to move real-world value onto blockchains. The process will allow users to wrap and unwrap traditional shares so they can be used across different blockchain networks, while keeping the actual shares safe in custody.

Scott Shapiro, Coinbase’s Head of Trading, said the platform is aiming to make tokenized stock trading available in the next few months. This system will be compatible with USDC, a stablecoin created by Circle. However, he also pointed out that progress depends heavily on regulations from the U.S. Securities and Exchange Commission (SEC), which have been delayed due to recent government shutdowns.

Coinbase is also entering the prediction markets space. Similar to Robinhood’s recent move using Kalshi-powered predictions, Coinbase will partner with Polymarket competitors and plans to add more platforms in the future. These markets let users place bets on real-world outcomes like election results or economic trends.

Additionally, U.S. users can now trade crypto perpetual futures—contracts that let you hold leveraged positions indefinitely—directly through Coinbase. This feature initially launched in July for Bitcoin and Ethereum and is now being expanded.

Coinbase’s app now supports trading any asset available on Solana-based decentralized exchanges (DEXs). This builds on the platform’s recent expansion into its own Ethereum layer-2 network called Base. With support for millions of tokens on both Base and Solana, Coinbase plans to keep adding more networks over time.

The updated Base app—a rebranded version of Coinbase’s self-custody wallet—is now live in 140 countries. It allows users to earn rewards from posts, play games, and interact with social features, all while managing their crypto.

Another major update includes an AI-powered financial advisor built into the platform. This tool will help users manage their investments and stay up to date with market news.

Finally, Coinbase is launching a new service for businesses to create their own branded stablecoins. These custom digital currencies will carry the company’s brand in every transaction. This ties into a new internet payment standard called x402, which is designed for AI-powered agent payments using stablecoins.

Analysts at Compass Point believe prediction markets could bring Coinbase about $230 million per year. However, experts at Mizuho warn that many users might sell off their crypto to place bets, which could impact overall trading volumes.

With these updates, Coinbase is pushing hard to become a full-service financial platform that bridges traditional finance and the blockchain world.