ChainCatcher reported that Coinbase has released its latest System Update, announcing a series of product upgrades across AI advisory services, unified global liquidity, options trading and expanded multi-asset financial services. The company said the broader goal is to build an Everything Exchange that covers trading, payments, lending and investing, positioning Coinbase as a primary financial account for users.
AI Advisory Tools and a Unified Global Liquidity Pool
One of the core features in the update is Coinbase Advisor, an SEC-registered AI investment advisor. According to the update, the service can use a user’s holdings and market data to provide personalized multi-asset trading and hedging strategies. Coinbase also stated that the advisor does not directly execute trades, placing the product in the category of investment guidance and strategy support.
On trading infrastructure, Coinbase will introduce a global unified liquidity pool that connects spot and derivatives trading systems across the United States and international markets. The plan is part of the same product upgrade package and is being advanced alongside the platform’s broader multi-asset expansion. Coinbase will also support stock and crypto options trading, while strengthening its derivatives capabilities through the acquisition of Deribit.
Pre-IPO Perpetuals, Card Upgrade and Prediction Markets
The update also includes the launch of pre-IPO perpetual contracts, covering popular names such as SpaceX. Coinbase said it plans to expand this product to future IPO candidates including Anthropic and OpenAI. In addition to derivatives products, the platform will gradually support the migration of stock assets to Coinbase trading, extending its asset coverage beyond crypto into more financial categories.
For user-facing financial services, Coinbase introduced an upgraded Coinbase One Card plan. Under the update, users who stake between $500 and $5,000 in USDC can qualify for the credit card and receive 5% bitcoin back when booking through the Booking.com travel portal. At the trading infrastructure level, Coinbase is adding a Transfer Protection mechanism that uses delayed withdrawals to help guard against security risks such as wrench attacks. The platform is also expanding its prediction market products with 15-minute crypto price binary options and combined prediction trades.