Stock Trading
Coinbase has rolled out commission-free trading of US-listed stocks and exchange-traded funds to all its American customers, operating 24 hours a day, five days a week. This expansion aims to position the platform as an 'everything exchange' by integrating traditional assets with cryptocurrency services. Users can fund trades using US dollars or the USDC stablecoin and purchase fractional shares starting at $1.
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Elon Musk's social media platform X plans to introduce features allowing users to trade stocks and cryptocurrencies directly from their timelines in the coming weeks. The company's head of product, Nikita Bier, announced the rollout of Smart Cashtags, which will enable interactions with ticker symbols in posts. This move aligns with Musk's vision to transform X into an 'everything app' encompassing financial services.