Coinbase is no longer positioning itself as a crypto-only exchange. The company is assembling an integrated, multi-asset platform designed to keep capital, activity and users within a single system. That shift is backed by scale. Assets on the platform have increased fivefold over the past three years, surpassing $500 billion by late 2025. Coinbase is using it as the foundation for an “Everything Exchange” that brings equities, derivatives and prediction markets into a unified, on-chain environment. At its recent System Update event, the company framed this strategy as a reconfiguration of how financial markets ... (full story)