Coinbase will add share trading to its Australian platform as the $68 billion Nasdaq-listed cryptocurrency exchange progresses with plans to offer a much broader range of asset classes, including a potential foray into prediction markets.

Having only received its Australian Financial Services Licence in April, Coinbase is waiting on ASIC approval to offer about 3800 US-listed stocks and derivatives to retail investors as it looks to meet demand by bridging traditional financial products and emerging alternative assets.

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