Coinbase Rolls Out Tokenized Stocks and Pre-IPO Perpetuals as Part of Multi-Asset Strategy

According to its July 1 monthly review, Coinbase announced product updates advancing its "every asset, every market, one platform" strategy during the first half of 2026. The platform is launching tokenized stocks (1:1 backed U.S. company shares with dividend support and on-chain trading, unavailable to U.S. residents), pre-IPO perpetuals starting with SpaceX followed by OpenAI and Anthropic, crypto options through Deribit integration, and stock index perpetual futures.

Coinbase expanded its global footprint by launching direct INR funnels in India and became an official USDC treasury wallet deployer for Hyperliquid, deploying approximately $4.4 billion USDC while collaborating with Ethena across over $5 billion in assets.