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Coinbase Gets UK Approval to Add Stocks and Derivatives Alongside Crypto

Coinbase has received approval in the United Kingdom to offer investment services beyond cryptocurrency, allowing the exchange to add products such as equities and derivatives to its platform.

The authorization allows Coinbase’s UK users to access traditional financial products alongside crypto assets through the same account. The company said institutional and advanced traders will gain access to derivatives linked to crypto, stocks, and commodities. At the same time, retail users will eventually be able to trade equities directly through Coinbase.

The approval comes as Coinbase continues expanding its services beyond crypto trading. The company already operates under UK regulatory approvals for electronic money services and crypto activities, and said the new authorization will support its plan to build a broader financial platform.

Coinbase moves closer to becoming an all-in-one finance app

Coinbase’s latest expansion follows a similar path taken by other digital asset companies that have moved into traditional finance products. Companies such as Robinhood and Revolut have already combined crypto trading with stocks and other financial services, allowing users to manage different types of assets from one application.

For Coinbase, adding equities and derivatives gives the company another way to keep users within its platform instead of sending them to separate brokers for different investments. The move also comes as competition between crypto platforms grows, with exchanges looking for more ways to generate activity beyond buying and selling digital assets.

Why is Coinbase expanding beyond crypto trading?

The company’s approval shows a change in how major crypto platforms are positioning themselves. Instead of operating only as places to trade cryptocurrencies, some exchanges are trying to become broader financial services providers.

For instance, Robinhood added crypto after building its stock trading business, while Kraken recently expanded into stock trading in selected markets. eToro also combines stocks, ETFs, commodities, and cryptocurrencies on a single platform, giving users access to different investments through one account.

According to research from the UK’s Financial Conduct Authority, millions of adults in the country already own crypto, creating a large user base for regulated digital asset services.

Coinbase said the new approval supports its long-term goal of connecting crypto, payments, savings, and investment products in one platform. The company also pointed to future plans involving tokenized assets, although it did not provide a launch timeline.

Coinbase formally established Luxembourg as its European crypto hub under the European Union’s Markets in Crypto-Assets (MiCA) framework, one year after receiving regulatory approval from the country’s financial watchdog.

 

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