Coinbase Announces Entry Into Prediction Markets, Stocks (2)

Coinbase Global Inc. has announced its entry into prediction markets and equities trading.

The biggest crypto exchange in the US said Wednesday it’s starting to roll out both services, which will be made available to all eligible users in the US in the coming weeks.

“Coinbase is now the best place to trade every asset, not just crypto,” Chief Executive Officer Brian Armstrong said during the company’s product showcase.

The moves are part of Coinbase’s push to become an “everything app,” offering traders access to a broad range of assets and markets, and to keep pace with rivals that are ...