Coinbase Expands App With AI Investment Adviser and Developer Platform

Coinbase has launched an artificial intelligence-powered, Securities and Exchange Commission-registered investment adviser to its app.

The company is rolling out the new Coinbase Advisor to Coinbase One members in the United States, it said Tuesday (June 16).

“From helping you design complex tax-loss harvesting to turning breaking news into multi-asset trade recommendations, it handles the heavy analytical lifting so you can optimize your wealth-building strategies with ease,” Coinbase said.

Coinbase Advisor is one of several new features and services Coinbase announced Tuesday in a blog post about its latest system update.

The company will introduce tokenized stocks for its non-U.S. customers next month, and it will roll out options trading for crypto and stocks in the coming months, according to the post.

Coinbase added that users can now transfer their existing stock portfolios from other platforms directly to its platform, access equities on Coinbase Advanced with zero commission fees, and gain exposure to thematic equity indices via real world asset (RWA) perpetual futures.

On the prediction markets front, the company introduced crypto binaries that let users trade time-boxed “up or down” markets on assets such as bitcoin, and combos that allows users to bundle multiple predictions into a single trade, across any category on Coinbase.

On Wednesday (June 17) Coinbase will enable users to access a New Launches tab in its app to trade Base or Solana tokens as soon as they become available onchain.

New financial services offerings include a Travel Portal for the Coinbase One Card that gives users 5% bitcoin back on travel bookings, the ability for users who aren’t approved for a traditional line of credit to secure a Coinbase One Card using USDC as collateral, the ability to borrow against staked Solana on Coinbase, and a new defensive framework called Transfer Protection that provides security controls over outgoing funds.

For businesses, the system update introduces a Coinbase Developer Platform that helps companies access Coinbase’s wallet infrastructure, payments capabilities, trading systems and stablecoin issuance.

“The future of finance won’t be split between a bank, a brokerage and a crypto wallet,” Coinbase said in the post. “It is unified, intelligent, onchain and on Coinbase.”

PYMNTS reported in May that Coinbase is carrying out a multiyear effort to diversify away from transaction-based income and create recurring revenue streams that are less vulnerable to the emotional swings of retail crypto traders.