Coinbase has rolled out a sweeping set of new products and features during its latest System Update event, marking a major step toward its vision of becoming an “Everything Exchange.” The announcements center on an SEC-registered AI investment advisor, expanded derivatives and prediction markets, and a unified global liquidity pool that breaks down barriers between U.S. and international trading.
Coinbase Advisor, described by CEO Brian Armstrong as one of the first SEC-registered AI-powered investment advisors, will have access to users’ portfolio information and account history. Customers can interact with the tool using natural language commands to receive personalized multi-asset trading and hedging strategies that react to real-time market data. Armstrong said, “Speak to it in plain English to take action on your account. It will even prompt you with ideas you hadn’t thought of.” In parallel, the platform will allow AI agents from systems like ChatGPT or Claude to connect directly and execute trades based on pre-set rules, building on the growing trend of agentic finance.
The exchange also revealed plans to launch stock options trading this summer and crypto options later this year, supported by Coinbase’s acquisition of Deribit. New perpetual-style stock index products will trade around the clock, extending the 24/7 model to equity-linked products. Time-based prediction markets will let users speculate on price movements of assets such as Bitcoin, Ethereum, Solana, XRP, and Hyperliquid in 15-minute to one-year intervals. Additionally, Coinbase is expanding its pre-IPO perpetuals program with contracts tied to major private firms like OpenAI and Anthropic, following the successful trial with SpaceX pre-IPO perps.
On the infrastructure side, a single, regulated global liquidity pool will merge spot crypto and derivatives liquidity across U.S. and international markets, a move made possible by recent CFTC approval for U.S. “perpetual-style” futures. The Coinbase One Card will now accept USDC as collateral for users who may not qualify for traditional credit lines, and a new Travel Portal built with Booking.com will offer 5% Bitcoin rewards on bookings. The platform is also introducing “Launches” tab to provide early access to tokens created on Pump.fun and other launchpads on Base and Solana.
CEO Brian Armstrong’s “Everything Exchange” strategy aims to create a single platform for crypto, stocks, options, perps, prediction markets, token launches, and intelligent financial services, with the goal of becoming users’ primary financial account. Investors responded favorably, with Coinbase shares trading around $170 during the announcement session.
