1. Coinbase will allow users to trade stocks and event contracts. 2. This expansion signals competition with traditional finance and rivals.
FAQ
Why Bullish?
Coinbase's diversification may attract new investors, similar to past expansions in trading offerings.
How important is it?
The move into stock trading enhances Coinbase's market position and broadens its user base.
Why Long Term?
Long-term engagement could lead to increased transaction volume and user growth, similar to historical trends in market expansions.