Coinbase Launches Pre-IPO Perps, Stock Options, and Tokenized Stocks on June 18

According to CEO Brian Armstrong on X, Coinbase announced three new products on June 18: pre-IPO perpetual futures, stock options, and tokenized stocks, expanding its "everything exchange" platform. The announcement affects active traders, developers, and Base users.

Coinbase Advanced, the company's advanced trading platform, received a redesign that combines global liquidity between U.S. and international users, as well as between Coinbase and Deribit users. Additionally, Base, Coinbase's Ethereum Layer 2 blockchain, gained private transactions and a web version of the Base App. The company also introduced new stablecoin payment tools for businesses and AI-linked financial account services.