Coinbase to offer tokenized stocks and prediction markets to U.S. users in 'everything exchange': CNBC

Coinbase will soon expand its offerings to U.S. users as part of an "everything exchange" that will include tokenized stocks, prediction markets, early-stage token sales, and more, according to a new CNBC report. 

Coinbase, in the coming months, will roll out its new offerings first to U.S. users, Max Branzburg, a vice president of product at the publicly-traded exchange told CNBC. 

"Everything you want to trade, in a one-stop shop, on-chain. … We’re bringing all assets onchain — stocks, prediction markets, and more," Branzburg said. A marketing video released by Coinbase similarly teased an "everything exchange."

Coinbase will face competition in the prediction markets space from Kalshi, to date the only federally licensed prediction marketplace in the United States, and Polymarket, the global leader that plans to re-enter the U.S. following its recent acquisition of licensed derivatives exchange QCEX. 

Coinbase's tokenized equity offerings will also compete with similar offerings from Robinhood and other crypto exchanges like Gemini and Kraken, though those companies' products are only available to investors outside the United States. 

Coinbase also announced its quarterly earnings on Thursday, with spot volumes dipping slightly compared to the start of 2025. Data theft alone cost the company $307 million this quarter, according to the company. The price of COIN traded flat on Thursday, according to The Block's COIN data.