Coinbase Expands US Platform with Tokenized Stocks and Prediction Markets

The American cryptocurrency exchange Coinbase is set to enhance its platform functionality for users in the U.S. Soon, customers will gain access to tokenized stocks, prediction markets, derivatives, and token presales.

«We are creating an exchange that has it all,» the platform stated.

In an interview with CNBC, Coinbase’s Vice President of Products, Max Bransburg, noted that the platform is «laying the groundwork for a faster, more accessible, and global economy.»

Coinbase recently released its financial report for the second quarter of 2025, revealing a net profit of $1.43 billion, compared to $36 million during the same time last year. Total revenue increased by 23.8% to $2.03 billion, up from $1.64 billion a year earlier. However, this fell short of investors’ expectations, which were set at $2.12 billion.

Operating revenues reached $1.26 billion, while earnings from subscriptions and services amounted to $698.1 million. Meanwhile, the net profit was reported at $65.6 million, with an adjusted profit of $527 million.

Spot trading volumes saw a decline of 30% from the first quarter, dropping from $237 billion to $226 billion. User trading activity decreased by 17%, falling to $78.1 billion, while institutional trading fell by 9% to $315 billion.

In April, trading operations generated $240 million. Coinbase anticipates that revenue from subscriptions and services will reach between $600 million and $680 million in the next quarter. The company expects that an increase in revenue from stablecoins will help offset the drop in transaction fees. The platform earned $332 million from these assets.

Additionally, in May, the American exchange reported a breach of user data due to bribing overseas support staff. According to the latest financial report, this incident cost Coinbase $307 million, which was below the anticipated $400 million.

The platform also revealed that its Bitcoin reserves increased by 2,509 BTC, reaching a total of 11,776 BTC (~$1.26 billion) by the end of the second quarter, surpassing Tesla’s holdings. Coinbase is now among the top ten corporate holders of the digital currency.

After the trading session ended, the exchange’s shares fell by 3%, dropping to $363.80, but later stabilized at $377.76. The stock price has risen by 47% since the beginning of the year.

It’s worth noting that Coinbase CEO Brian Armstrong has been suspected of a conflict of interest following the listing of ResearchHub.