Coinbase Urges Users to Store Entire Net Worth, Launches New Features

Coinbase is expanding its reach by introducing new features that allow users to store their entire net worth on the exchange. The company's CEO, Brian Armstrong, emphasized the importance of trading every asset possible on one platform, stablecoin payments, and artificial intelligence (AI) in the system update presentation.

The company has launched pre-IPO perpetual futures, which will give retail investors early opportunities to buy into companies like Anthropic and OpenAI. Coinbase is also launching options trading for U.S. users 'in the coming weeks' and thematic indices that will trade 24/5 with up to 20x leverage.

Coinbase has also expanded its prediction markets, introducing 'crypto binaries' that resolve in periods as short as 15 minutes. Users can build their own parlay wagers (or 'combos') that allow them to roll up multiple predictions into a single position.