Coinbase Expands Services Beyond Cryptocurrency Trading
Coinbase, a leading digital currency exchange, has announced the launch of stock and ETF trading on its platform. This move marks a significant expansion of Coinbase's services beyond cryptocurrency trading, aiming to establish it as a comprehensive financial services provider.
The introduction of stock and ETF trading will enable users to trade a range of assets, including equities, commodities, and exchange-traded funds (ETFs). This development is expected to increase competition in the market, particularly with Robinhood, another popular online brokerage platform.