New York, Feb 25, 2026, 17:19 EST — After-hours trading.
- Coinbase stock jumped Wednesday, following the company’s move to open up stock and ETF trading for all U.S. users.
- The company is rolling out a single app that offers commission-free equities trading 24 hours a day, five days a week, right next to crypto.
- Next up, investors are watching for clearer traction signals and more specifics when the company appears at the March 3 conference.
Shares of Coinbase Global surged 13.52% on Wednesday, closing at $183.94—a gain of $21.91—as the company’s latest move into stock and ETF trading for U.S. clients caught investors’ attention. Still, the stock remains roughly 19% lower for the year.
Coinbase’s rally is built on a straightforward bet: if it can blend crypto trading with features from mainstream brokerages, the app could see a jump in activity—and revenue. Investors are buying in, eager for anything that might reduce Coinbase’s ties to crypto’s volatility.
Bitcoin jumped roughly 7% to near $69,000 on Wednesday, pushing crypto-related stocks higher just as Coinbase’s news broke.
Coinbase is letting U.S. customers trade stocks and ETFs right alongside crypto, all without commission fees. Users can jump in with instant funding—either dollars or USDC—and buy fractional shares for as little as $1.
The company is kicking things off with “leading equities” and has its sights set on rolling out 24/5 trading to thousands of additional stocks over the next few months. There’s also a move in the works to widen access to “stock perpetuals” this spring—those are derivatives without an expiry date, tracking the performance of an underlying share—for users outside the U.S. Finextra Research
Yahoo Finance sits in the mix. George Leimer, the site’s general manager, pointed to the partnership as a sign that more investors are looking at digital assets right alongside traditional markets. Coinbase product chief Max Branzburg described the integration as a move to open up access to crypto and stock data on one platform.
Apex Fintech Solutions is running the back-end for the equities launch, covering clearing, custody, execution—the nuts and bolts of trade processing and safekeeping. CEO Bill Capuzzi described the collaboration as “about making investing accessible.” For Coinbase, markets VP Liz Martin said the new offering “bridges traditional and digital assets” on a single platform. Business Wire
On X, Coinbase CEO Brian Armstrong announced, “Big moment – you can now trade stocks on Coinbase.” He added, “The everything exchange is growing.” X (formerly Twitter)
Still, there’s plenty of risk baked in. Equities brokerage is packed with competition and squeezed margins, while Coinbase’s ambitions for equity perps and tokenized stocks are bumping up against tough securities rules, messy market mechanics, and the challenge of getting customers on board.
Traders are set to keep an eye on early signs of uptake, curious to see if Coinbase’s wider “everything exchange” push shakes up activity elsewhere on the platform. The company said CFO Alesia Haas is scheduled for a virtual fireside chat at the Morgan Stanley Technology, Media and Telecom conference, March 3, 4:50 p.m. ET. Coinbase
