Coinbase has expanded its services beyond digital assets by opening stock and ETF trading to all U.S. users, part of a broader plan to become an all-encompassing ‘everything exchange.’ The rollout enables users to buy and sell U.S.-listed stocks and ETFs on the same platform used for cryptocurrency trading. Trading will run five days a week, 24 hours a day, with no commissions. Customers can fund their trades in USD or USDC, and fractional shares can be purchased with as little as $1.
This expansion builds on Coinbase’s December ‘Everything Exchange’ plan and follows the launch of its new prediction markets. Yahoo Finance will display Coinbase’s real-time data within its interface, supporting the rollout. Coinbase has partnered with Apex FinTech Solutions for clearing, custody, and settlement, and plans to expand 24/7 trading to more stocks in the coming months.
The company has shown interest in tokenized stocks that could move on a blockchain network, potentially enabling around-the-clock trading. The move places Coinbase in closer competition with retail brokers such as Robinhood that have focused on crypto, and it reflects broader efforts by crypto firms merging this asset class with traditional financial products, potentially providing a buffer during crypto market downturns.
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