Coinbase to Introduce Prediction Markets and Tokenized Assets in the Near Future
Coinbase, the popular cryptocurrency exchange, is taking a significant leap forward, expanding its platform to support tokenized real-world assets such as stocks, derivatives, and prediction markets. This strategic pivot, announced on July 31, 2025, marks a shift towards becoming a unified on-chain trading environment for millions of crypto and traditional financial assets.
In the U.S., Coinbase plans to enable the tokenization of traditional U.S. equities, allowing 24/7 trading of fractional shares with instant settlement via blockchain technology. The Base App, currently in open beta, will serve as the primary platform for these offerings, aiming to disrupt traditional brokerage models by bridging legacy stock markets with blockchain infrastructure.
The company also intends to launch on-chain prediction markets for trading real-world events, competing with existing platforms like Polymarket and Kalshi. This expansion is part of Coinbase's goal to create a comprehensive asset trading ecosystem.
Moreover, Coinbase has acquired Deribit, a leading crypto options platform, and has launched CFTC-regulated perpetual futures in the U.S., enhancing derivatives trading capabilities and making these offerings available to institutional investors.
However, the expansion faces regulatory hurdles. While the primary rollout is focused on U.S. users, taking advantage of regulatory developments such as the SEC’s ‘Project Crypto’, international expansion faces more uncertainty. Coinbase is actively engaging with regulators to secure necessary approvals for broader international availability.
As for the timeline, U.S. users can expect to soon test tokenized stocks, derivatives, and prediction markets. Exact public launch dates have not been specified, but the rollout aligns with Coinbase’s strategic efforts following its Q2 2025 earnings and the regulatory tailwinds that make innovation in tokenized assets more viable within the U.S. jurisdiction.
In conclusion, Coinbase is currently in the late development and testing phase for its "everything exchange," with imminent beta testing for tokenized real-world assets in the U.S. The expansion timeline depends heavily on regulatory approvals, with U.S. availability expected first, and broader international support to follow once compliance and market conditions allow.
Through its acquisition of Deribit and the launch of CFTC-regulated perpetual futures, Coinbase is strengthening its investing possibilities in technology, especially in the realm of derivatives trading. With the integration of tokenized stocks and prediction markets through its Base App, Coinbase aims to revolutionize traditional finance by merging blockchain technology with conventional equity trading.
