Coinbase Global Inc. (Nasdaq: COIN) announced on June 18 new trading products including pre-IPO perpetual futures, stock options, and tokenized stocks. CEO Brian Armstrong shared the update on X as part of the company's broader 'everything exchange' push to expand beyond crypto spot trading. The development follows Coinbase's $2.9 billion acquisition of Deribit and reflects a wider effort to unify trading activity across spot, derivatives, and advanced exchange products.
Coinbase Announces Pre-IPO Perpetual Futures and Stock Options
Armstrong stated on June 18: "The everything exchange now includes pre-IPO perps, stock options, and tokenized stocks soon." The announcement affects active traders, developers, Base users, and customers using Coinbase's financial tools. Armstrong presented the announcements as part of a broader product week for the company, thanking employees and "their thousands of AI agents" for supporting launches across exchange products, payments infrastructure, Base, developer tools, and artificial intelligence-linked financial services.
Deribit, which Coinbase acquired in a $2.9 billion deal, adds another layer to the company's derivatives strategy as the platforms move closer across liquidity and user access. The development reflects a wider effort to unify trading activity across spot, derivatives, and advanced exchange products.
Base Blockchain Gains Private Transactions and Web Version
Base, Coinbase's Ethereum Layer 2 blockchain network, gained private transactions and a web version of the Base App, expanding its accessibility for both consumers and developers. The company also introduced new tools for businesses adopting stablecoin payments, including fully custodial accounts backed by Coinbase's compliance stack and a new developer dashboard.
Coinbase Advanced, the company's advanced trading platform designed for experienced and high-volume traders, also received a redesign. Armstrong indicated that the company has started combining global liquidity across U.S. and international users, as well as between Coinbase and Deribit users. He stated: "We also redesigned Coinbase Advanced, and started to combine our global liquidity (between US and international users, and also Coinbase and Deribit users)."
Artificial intelligence formed the final part of the announcement slate. Armstrong highlighted: "Coinbase is also becoming the financial account for AI -- give your agent a wallet, get AI-powered financial advice, and connect your Coinbase account to your favorite LLM." The announcements place trading products, stablecoin payments, Base infrastructure, and AI-linked account access under one product cycle.
FAQ
What products did Coinbase announce on June 18?
Coinbase announced pre-IPO perpetual futures, stock options, and tokenized stocks planned for release soon, according to CEO Brian Armstrong's post on X on June 18. The company also introduced new stablecoin payment tools, Base blockchain updates including private transactions and a web version, a redesigned Coinbase Advanced platform, and AI-driven financial services.
How does the Deribit acquisition relate to Coinbase's new trading products?
Coinbase acquired Deribit in a $2.9 billion deal. Armstrong indicated that Deribit adds another layer to the company's derivatives strategy as the platforms move closer across liquidity and user access. The company has started combining global liquidity between U.S. and international users, as well as between Coinbase and Deribit users.
What AI features did Coinbase introduce?
Armstrong stated on June 18: "Coinbase is also becoming the financial account for AI -- give your agent a wallet, get AI-powered financial advice, and connect your Coinbase account to your favorite LLM." He thanked employees and "their thousands of AI agents" for supporting the product launches.
