Coinbase rolls out biggest app overhaul yet, adding stocks, derivatives and prediction markets
December 18, 2025 • 2m 54s
Brian Sullivan (Anchor)
00:00.390
and
mackenzie
sagala
spoke
with
the
CEO
brian
armstrong
and
has
more
what
is
going
on
with
coinbase
mckenzie
Mackenzie Sigalos (Business News Reporter)
00:08.350
hey
brian
so
coinbase
is
rolling
out
a
major
slate
of
new
features
designed
to
turn
its
app
into
a
one
stop
financial
platform
adding
stocks
more
advanced
trading
and
prediction
markets
will
also
doubling
down
on
its
on
chain
ecosystem
and
tools
for
businesses
and
developers
now
Mackenzie Sigalos (Business News Reporter)
00:24.150
i
just
sat
down
with
CEO
brian
armstrong
and
he
insists
this
is
not
a
copy
paste
of
the
robin
hood
playbook
coinbase
already
owns
a
massive
crypto
native
audience
and
now
he
wants
the
main
app
to
be
the
place
that
you
trade
everything
stocks
derivatives
and
prediction
market
Mackenzie Sigalos (Business News Reporter)
00:39.270
contracts
alongside
a
longer
term
road
map
aimed
at
eventually
bringing
equities
on
chain
but
the
space
is
getting
crowded
fast
calci
and
polly
market
are
battling
it
out
and
robin
hood
just
jumped
deeper
into
sports
by
adding
NFL
event
contracts
last
night
but
armstrong
tells
Mackenzie Sigalos (Business News Reporter)
00:56.150
me
that
the
point
isn't
just
to
trade
outcomes
here
it's
to
read
the
world
in
real
time
and
he
thinks
prediction
markets
can
become
a
mass
market
information
product
Brian Armstrong (CEO)
01:06.960
maybe
you
know
one
percent
of
people
use
it
as
a
trading
an
asset
class
to
trade
and
ninety
nine
percent
of
people
are
using
it
as
a
way
to
figure
out
what's
going
to
happen
almost
like
a
competitor
to
traditional
media
or
maybe
even
entertainment
Mackenzie Sigalos (Business News Reporter)
01:19.230
and
that's
the
bet
coinbase
wants
outcome
trading
to
become
one
more
daily
habit
inside
of
its
app
as
it
builds
toward
being
a
next
gen
brokerage
brian
Brian Sullivan (Anchor)
01:28.510
so
you
got
robin
hood
also
getting
into
these
prediction
markets
leaning
in
as
they
would
say
is
this
like
the
next
big
battleground
for
the
retail
trader
Mackenzie Sigalos (Business News Reporter)
01:40.320
absolutely
coinbase
is
looking
at
what
robin
hood
has
proven
out
over
the
past
year
more
than
eleven
billion
event
contracts
traded
its
fastest
growing
products
by
revenue
ever
and
robin
hood
's
history
a
stock
that's
up
more
than
two
hundred
percent
year
to
date
meanwhile
Mackenzie Sigalos (Business News Reporter)
01:54.520
coinbase
is
in
the
red
down
about
five
percent
on
the
year
and
it
sees
this
this
diversification
as
a
way
to
bring
new
users
into
the
ecosystem
with
this
sticky
product
that
they
haven't
offered
before
a
way
to
keep
them
there
even
when
crypto
prices
are
trading
like
they
are
Mackenzie Sigalos (Business News Reporter)
02:10.310
today
Brian Sullivan (Anchor)
02:10.870
very
quickly
an
incredibly
important
question
where
are
you
Mackenzie Sigalos (Business News Reporter)
02:15.610
i'm
in
fort
mason
san
francisco
so
brian
armstrong
is
just
inside
of
this
building
pitching
the
world
on
this
new
slate
of
products
and
i
just
talked
to
him
and
i
came
out
here
to
talk
to
you
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