The company is simultaneously expanding its derivatives business. The new products include perpetual futures tied to thematic baskets such as artificial intelligence, defense and Chinese stocks, as well as pre-IPO perpetual futures that provide exposure to private companies, including SpaceX (SPCX), which went public earlier this month. Coinbase said contracts related to OpenAI and Anthropic, which are expected to go public later this year, are expected to follow.
The exchange also bets heavily on prediction markets, an area that has grown rapidly in crypto and traditional finance. New offerings include short-term crypto prediction contracts and pool bets that allow traders to combine multiple predictions into a single position.
One of the major focuses of the update is artificial intelligence.
Coinbase introduced Coinbase Advisor, which it described as one of the first AI-based investment advisory tools registered with the SEC. Initially available to Coinbase One subscribers in the United States, the service aims to provide portfolio recommendations, tax-loss harvesting advice, and market analysis.
These announcements reflect CEO Brian Armstrong’s long-term vision to transform Coinbase into a full-service financial platform combining trading, payments, lending and asset management. Competition continues to heat up in crypto and traditional finance, with exchanges increasingly racing to become the primary destination for trading stocks, digital assets, and tokenized financial products from a single account.
