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CoinDesk·3 min read·medium

Coinbase secures UK authorization to offer traditional investments alongside crypto

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Francisco Rodrigues
Coinbase secures UK authorization to offer traditional investments alongside crypto
AI Summary

Coinbase has received authorization from U.K. regulators to offer traditional financial products, including equities and commodity futures, alongside its existing crypto services. This move is part of the company's broader strategy to become an 'Everything Exchange' for retail and institutional investors.

Why it matters

This regulatory approval marks a significant step in the convergence of traditional finance and digital assets, allowing a major crypto exchange to compete directly with traditional brokerage firms.

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The new license enables institutional and advanced traders to access crypto, equity and commodity perpetual futures, Coinbase said in a blog post . Retail customers in the U.K. will also be able to trade equities on Coinbase for the first time.

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