New York, Feb 26, 2026, 12:32 EST — Regular session
- Coinbase slipped roughly 2.4% by midday, following a 13.5% surge just a day earlier.
- U.S. users are getting 24/5 trading on stocks and ETFs, with no commissions, as the company rolls out the new feature.
- Investors eye the initial take-up, with CFO Alesia Haas set to appear at a conference on March 3.
Coinbase Global, Inc. slipped 2.4% to $179.47 as of 12:20 p.m. EST on Thursday, cutting into gains from the previous session. The crypto exchange had closed Wednesday at $183.94, up 13.5%, after expanding its U.S. stock trading offerings. 1
The retreat is notable: Coinbase wants to hold onto users inside a single platform, especially as the fight for retail trades heats up. Rolling out more features could boost engagement and help steady revenues, though it also edges Coinbase further into the stockbrokers’ low-fee territory.
Coinbase this week rolled out around-the-clock, five-day stock trading for U.S. users, saying it will add more eligible stocks in the coming months. The company’s blog post also mapped out longer-term goals, like offering “tokenized” stocks—blockchain-based digital shares—and introducing “stock perpetuals” derivatives for non-U.S. clients. Coinbase flagged a new Yahoo Finance partnership and said it’s teaming up with Apex Fintech Solutions for clearing and custody. 2
The offering features commission-free trades and access to fractional shares, letting users fund purchases with either U.S. dollars or USDC, the dollar-backed stablecoin, a Tuesday report noted. Coinbase One subscribers also get rewards linked to their USDC holdings, according to the same report. 3
George Leimer, general manager at Yahoo Finance, described the move as an answer to investors now weighing digital assets together with more traditional holdings. According to Coinbase’s Max Branzburg, the tie-up means Yahoo Finance users will see both stock and crypto information via Coinbase’s platform, and they’ll also get a one-month Coinbase One trial, StreetInsider reported. 4
Coinbase CEO Brian Armstrong took to social media this week with a declaration: “Big moment—you can now trade stocks on Coinbase.” Armstrong framed the move as a piece of the company’s bigger play for an “everything exchange” and a future that includes “tokenized equities,” according to Investopedia. The same outlet noted bitcoin had jumped roughly 7% over the last 24 hours, hitting around $69,000—a rally that’s been lifting crypto stocks, even as competitors like Robinhood and SoFi battle for the same crowd. 5
Thursday’s session saw the broader market sag, as tech shares pulled back following a lukewarm reaction to Nvidia’s earnings. High-beta stocks took a hit, dragging U.S. indexes lower, with chipmakers pacing the decline, according to a Reuters report. 6
There’s been some pushback from crypto analysts about putting too much weight on a brief uptick. Iliya Kalchev at Nexo told Barron’s that bitcoin’s move “could signal a potential local bottom,” but he also flagged the need for caution. 7
Still, the new launch isn’t without its bumps. Tackling extended-hours stock trading—and especially venturing into equity-linked derivatives—means compliance headaches. The promise of “always-on” trading faces a real-world test the next time markets swing sharply while U.S. exchanges are offline. And if users don’t show up, Coinbase could just be layering on expenses, leaving its exposure to crypto market cycles untouched.
March 3 marks the next scheduled event: Chief Financial Officer Alesia Haas will take part in a fireside chat at Morgan Stanley’s Technology, Media and Telecom Conference, according to the company. 8
