Crypto exchange Coinbase announced expansions into stock trading and prediction markets as part of its “everything exchange” strategy.

The exchange’s head of consumer products, Max Branzburg, announced the expansion into 24/7 commission-free trading for stocks and ETFs at a San Francisco event called System Upgrade.

This story is an excerpt from the Unchained Daily newsletter.

Branzburg also announced a partnership with Kalshi for prediction markets, which begins today for select international users, with U.S. availability planned later.

Perpetual futures for stocks will follow early next year, and will be initially available outside the U.S.

The move positions Coinbase to compete more directly with popular retail broker Robinhood and diversify revenue beyond crypto amid market volatility.