Which CEX added stock trading?

TLDR

Coinbase added stock trading in its main app, expanding beyond crypto to offer equities alongside prediction markets. See the announcement coverage on CoinDesk.

1. Stock trading is zero commission and available 24 hours a day, five days a week, per Yahoo Finance.
2. Prediction markets are powered by Kalshi as part of an everything exchange push, noted by CNBC.
3. Users can fund trades in USD or USDC and manage stocks and crypto in one app, reported by Investing.com.

Deep Dive

1. Why This, Why Now

Coinbase (COIN) is moving to become a broader retail brokerage to compete with platforms like Robinhood by adding stocks and event contracts while keeping users inside one app. The expansion and positioning as an everything exchange is detailed by CNBC and Investopedia.

• The push diversifies revenue beyond crypto cycles and seeks more share of wallet from existing users, per Investopedia.
• Coinbase framed this as a step toward tokenizing traditional assets and unifying trading under one roof, noted by CNBC.

2. How It Works for Users

Stock trading is rolling out with zero commissions and extended access 24 hours a day for five days, with an initial curated list expanding to thousands of names. This was reported by Yahoo Finance and CoinDesk.

• Users can fund trades in USD or USDC and view stocks and crypto side by side, per Investing.com.
• Prediction markets are delivered via Kalshi, starting in the U.S., as covered by CNBC.

3. Regulatory Context and Implications

Regulatory regimes for tokenized and traditional securities still matter even if settlement uses crypto rails. The SEC clarified custody expectations for tokenized securities under existing broker dealer rules, as summarized by Cointelegraph.

• Coinbases equities push is conventional stock trading integrated into its app, while long term it points to tokenization angles, per CNBC and CoinDesk.
• Prediction markets face varying state and federal views, which could influence feature availability over time, noted by Investing.com.

Conclusion

Coinbase is the CEX that added stock trading, pairing zero commission equities and Kalshi powered prediction markets with its crypto app. For users, the draw is a single venue to trade multiple asset types, but availability and scope will track regulatory considerations and phased rollouts.