Previewing crypto exchange Coinbase’s (COIN) system update
Coinbase’s (COIN) “system update,” scheduled for Wednesday, could mark a key moment in its attempt to pivot from a crypto exchange to a broader fintech platform, with analysts saying it’s likely to be much more than a backend refresh.
Coinbase will use the event to unveil a series of new products across trading, payments, and onchain infrastructure, said Clear Street’s Owen Lau. These could include a formal launch of prediction markets — leveraging its partnership with regulated event contracts platform Kalshi — alongside trading of tokenized real-world assets, and deeper features within its upcoming Base SuperApp.
The company has also hinted at integrating AI agents to automate payments, subscriptions, and other onchain tasks…
