Coinbase Expands to Stock Trading with Select Users, Competing with Schwab and Robinhood

Coinbase has rolled out stock trading to select users as part of its vision to become an "everything exchange" that combines crypto, equities, and alternative markets. The move places Coinbase in direct competition with traditional brokerages and arch-rival Robinhood. Coinbase currently offers stocks through conventional methods and plans to expand access to all customers in the coming weeks. The exchange aims to bridge traditional finance and crypto while advancing tokenized equities.