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 after purchase—lending, borrowing, collateral, hedging, and settlement. A Coinpedia press release framed this as the reason some traders are watching projects like Edel Finance, which positions itself as an onchain securities lending and borrowing layer for tokenized equities. Coinpedia Fintech News+2Coinpedia Fintech News+2