Coinbase’s “Everything Exchange” Push Accelerates: Stock Trading, Prediction Markets, Tokenized Equities — and the “After You Buy” Infrastructure Debate (Dec. 23, 2025)
On December 23, 2025, a cluster of new coverage and analysis focused on one fast-emerging theme in crypto-fintech: Coinbase is no longer pitching itself as “just a crypto exchange.” It’s positioning the Coinbase app as a multi-asset hub—spanning U.S. stock and ETF trading, regulated prediction markets, derivatives, and eventually tokenized equities—while also expanding its payments and onchain app ecosystem. Built In+1 That same day, industry reporting also zoomed in on what may become the defining tension of tokenized stocks in 2026: it’s not only about access to tokenized equities, but also about the capital-markets plumbing that makes those assets useful