Coinbase shares rise as ‘ambitious expansion’ wins analyst praise

Dogecoin and Shiba Inu have been included in Coinbase's latest product expansion, which features US perpetual-style futures trading for various altcoins, marking a significant moment for meme coins in the regulated crypto derivatives market. This announcement was made via Coinbase's official channel on X, highlighting the platform's commitment to enhancing trading options for users.

Analysts have projected that passive funds could withdraw up to $11.6 billion from companies that hold significant cryptocurrency assets as corporate treasuries if MSCI decides to remove them from its indexes. This potential move by MSCI is under review amid ongoing volatility in the cryptocurrency market.

Coinbase has appointed former UK Chancellor George Osborne to chair its advisory council, a move that follows his advisory role with the company since 2024. Osborne has been vocal about the UK government's insufficient digital asset regulations, highlighting the need for a more robust framework in the cryptocurrency sector.

Coinbase is entering a new phase by integrating stocks and prediction markets into its platform, aiming to become the leading financial services app globally. This strategic move is set to be unveiled during a livestream event on December 17, 2025, showcasing its collaboration with Kalshi and other operators in the prediction market sector.

Bitcoin and Ethereum prices have declined significantly, attributed to a wave of fear in the cryptocurrency market following BlackRock's transfer of 2,257 BTC and 74,973 ETH to Coinbase. This move raised concerns about potential sell-offs by the world's largest asset manager, coinciding with ETF outflows on December 16.

Coinbase has expanded its operations in Poland by integrating Blik mobile payments through a partnership with PPro, aiming to facilitate faster and easier cryptocurrency transactions amidst ongoing regulatory challenges in the region.

Coinbase has launched a new service called Custom Stablecoins, allowing brands to mint their own compliant digital currencies backed by USDC. This initiative aims to tap into a network of over 100 million wallets, providing businesses with new revenue streams and enhancing their engagement with customers through branded digital dollars.

Coinbase is set to expand its offerings by launching stock and derivatives trading, as well as prediction markets, which could significantly reshape its role in the financial ecosystem. This initiative is part of a broader strategy to enhance market accessibility and innovation within the cryptocurrency sector.