Coinbase Brings Wall Street to Main Street with 4,000-Stock App
Coinbase has launched its 'Everything Exchange' strategy in the UK by offering nearly 4,000 US stocks to eligible users through its app. The move follows Coinbase's receipt of UK investment-services authorization under the Markets in Financial Instruments Directive framework.
The stock service is available 24 hours a day, five days a week, and allows users to buy fractional shares from £1 with no commission fees. Orders can be funded instantly with either pounds or USDC.
Users will also continue earning uncapped rewards on eligible USDC balances used within the platform. The launch marks a notable shift for a crypto-native company, as Coinbase is building a platform designed to hold both digital assets and conventional markets.