Coinbase Pioneers Tokenized Stocks and Prediction Markets in Bold Blockchain Expansion
In a strategic move to capitalize on blockchain's institutional adoption, Coinbase is breaking new ground by introducing tokenized stocks and prediction markets. This expansion beyond traditional digital assets comes amid favorable regulatory shifts, positioning the exchange at the forefront of crypto innovation. The development enables global 24/7 trading of equity tokens representing major stocks like Apple and Tesla, potentially revolutionizing how traditional assets interact with decentralized finance ecosystems.
Coinbase Expands into Tokenized Stocks and Prediction Markets Amid Regulatory Shifts
Coinbase, the largest U.S. cryptocurrency exchange, is venturing beyond digital assets with plans to offer tokenized stocks and prediction markets. The move aligns with growing institutional adoption of blockchain technology and follows recent regulatory developments favoring crypto innovation.
Tokenized stocks will represent traditional equities like Apple or Tesla on-chain, enabling 24/7 global trading. Prediction markets will allow wagering on future events using crypto tokens. All transactions will occur on public blockchains, ensuring transparency.
The expansion comes as U.S. regulators show increasing openness to digital assets. The SEC recently unveiled 'Project Crypto' to modernize financial regulations for blockchain-based markets. Coinbase's VP of Product described the vision as becoming an 'everything exchange' spanning crypto, stocks, and early-stage assets.
In a related development, Coinbase significantly boosted its Bitcoin holdings in Q2 2025, acquiring 2,509 BTC to reach 11,776 BTC total. The platform plans to launch U.S. services in coming months before expanding globally.
JPMorgan CEO’s Crypto Divide: Stablecoins In, Bitcoin Still Out
JPMorgan Chase CEO Jamie Dimon has unveiled a partnership with Coinbase to facilitate cryptocurrency access for Chase customers, focusing on digital currencies and stablecoins. Dimon expressed strong support for stablecoins and blockchain technology during a CNBC interview, though he reiterated his skepticism toward Bitcoin.
"I’m a believer in stablecoin. I’m a believer in blockchain. Not personally a believer in bitcoin itself," Dimon stated. He emphasized that JPMorgan’s engagement with crypto is driven by client demand rather than institutional conviction. "If the customers want to use it, and how they use it, and it’s used properly, we will be doing it."
Dimon’s stance marks a shift from his earlier criticism of Bitcoin, which he once labeled a "fraud." While he maintains concerns over its speculative nature and illicit use cases, his latest moves signal cautious adoption of blockchain-based financial products.
Seven Asset Managers Update Filings for Spot Solana (SOL) ETFs
Seven major asset managers, including Grayscale, VanEck, Bitwise, Fidelity, Franklin Templeton, Canary Capital, and CoinShares, have submitted updated filings to the SEC for proposed Spot solana exchange-traded funds. These filings align with recent SEC discussions and detail operational plans, including SOL storage, custodianship, and share creation and redemption processes.
Some filings introduce "in-kind" redemptions, settling in SOL rather than cash, while others explore staking to earn rewards. Grayscale plans a 2.5% fee with Coinbase as custodian, while Bitwise and VanEck consider staking via third-party platforms like Jito or Marinade.
The moves signal growing institutional interest in advanced crypto-based financial products, following the trajectory of ethereum ETFs. The SEC's decision on whether to approve these funds remains pending.
XRP Outpaces Ethereum in Coinbase Revenue Amid Market Shift
Coinbase's Q2 2025 report reveals a notable market shift as XRP surpasses Ethereum in transaction revenue, capturing 13% of the platform's $764 million total. Bitcoin remains dominant at 34%, while Ethereum slips to third with 12%. XRP's resurgence follows its July 2023 legal victory over the SEC, fueling investor confidence and driving its six-month revenue share to 16%.
Ethereum's decline in Coinbase's revenue structure contrasts with its price rally, highlighting diverging demand dynamics. The exchange's data underscores how regulatory clarity can reshape asset performance—XRP's rebound from obscurity to outperformance serves as a case study in market sentiment.
Bitcoin Drops to Three-Week Low Amid Trump Tariff-Induced Market Sell-Off
Bitcoin fell below $115,000, hitting $114,250—its lowest level in three weeks—after former President Donald Trump's tariff executive order rattled global markets. The cryptocurrency dropped 2.6%, now trading 6.5% below its July 14 all-time high of $122,800. Over $110 billion fled spot crypto markets within 12 hours, liquidating 158,000 traders for $630 million.
Trump's tariffs, ranging from 19% to 39% on nations including South Africa and Taiwan, triggered cross-asset volatility. Despite the pullback, Bitcoin closed July at a record monthly high of $115,784, underscoring resilience amid macroeconomic turbulence. The next technical support lies NEAR $111,000 if selling pressure persists.
Coinbase's Base App and Zora Token Ignite SocialFi Revival
Coinbase's redesigned Base App, launched in mid-July 2025 as a Web3 superapp, has catalyzed a surge in SocialFi activity. The platform's integration with Zora—a content monetization protocol—triggered an 800% ZORA token rally and unprecedented user engagement within days of release.
Built on Base's OP Stack blockchain, the app consolidates social features, payments, and trading into a single interface. This strategic pivot from a simple wallet to an onchain activity hub mirrors broader industry trends of vertical integration in decentralized ecosystems.
The Zora protocol's explosive growth demonstrates how infrastructure upgrades can unlock latent value in niche sectors. Market observers note the rally occurred despite ZORA's previous underperformance relative to major assets like ETH and SOL.
