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Coinbase Systemopdatering 2025 – Bygger Finansens Alt-App

Mod at blive en Alt-App
The world of crypto is moving fast toward mass adoption and convergence with more established financial institutions. We saw this move recently with the start of Gemini (GEMI ) ind i forudsigelsesmarkedet, after the company’s successful solving several legal issues that had been pending for years.
Et andet eksempel, selvom det indtil videre har været uden succes, er Custodia Banks appel om at få adgang til en Fed Master Account.
Andre store aktører inden for krypto er også i gang med at udvide deres tilbud. Den 17. decemberth, Coinbase (COIN ) annoncerede en stor afsløring med titlen “Coinbase System Update 2025.” Den dækker mange emner på én gang og har til formål at gøre Coinbase til en “alt-app” for alle finansielle anliggender.
Dette inkluderer aktiehandel, tokenisering, forudsigelsesmarkeder, Futures- og Perpetual Futures-handel, Solana Decentraliseret børs (DEX)-handel, AI og mere.
(COIN )
Coinbase Systemopdatering 2025: Produkter, Markeder og Strategi
Oversigt
By announcing its Coinbase System Update 2025 in a San Francisco event, the company has moved into an offensive position as other crypto exchanges are also trying to expand into new markets and looking to obtain authorization to do so.
It is best summarized by the two slogans at the beginning of the presentation:
“Fremtiden for finans er på Coinbase”
“Introduktion af Alt-udvekslingen”
This indicates that Coinbase’s roots might be in crypto, but it has ambitions going much further than just crypto markets.
“Coinbase er nu det bedste sted at handle alle aktiver, ikke kun krypto. Over tid tror vi på, at alt vil blive tokeniseret.” – Brian Armstrong – Coinbase CEO
Aktier & Tokenisering
Dette tilbud, der rulles ud nu, er til handel med amerikanske aktier via Coinbase Capital Markets, alt sammen i den samme app, som Coinbase‑brugere allerede har til at holde og handle krypto.
Handlen vil foregå med “normal” USD eller stablecoin USDC (USDC ).
Den væsentlige forskel i forhold til andre traditionelle handelsplatforme er, at køreplanen peger mod “tokeniserede” aktier — i bund og grund et token/blockchain‑baseret aktiv, der replikerer den underliggende aktie 1‑til‑1, som vil blive holdt af Coinbase.
The trading will also be free from the usual limitations of traditional stock trading markets.
“Handlere vil få handel uden provisioner uden de traditionelle markedsåbningstider – handle dine top‑aktier 24 timer i døgnet, fem dage om ugen.
Vi planlægger at tilføje tusindvis af yderligere aktier i de kommende måneder.”
The extended hours will mostly be available for specific eligible stocks, and Coinbase warns that reduced liquidity and wider spreads may occur.
The same system will be extended to non-US Coinbase users at a later date.
“For at starte den vej planlægger vi at lancere Coinbase Tokenize, vores nye ende‑til‑ende institutionelle platform til tokenisering af virkelige aktiver.”
Forudsigelsesmarkeder
Sometimes equal to “betting markets”, prediction markets allow their participants to try to predict the future outcome, which can be about financial markets, but also political shifts, sports matches, entertainment, technology, etc.

Outcome is binary (yes or no), and prices are set by the crowd, with the platform algorithm keeping things tidy.
“Hver kontrakt betaler $1, hvis begivenheden indtræffer, og $0, hvis den ikke gør. Den aktuelle pris afspejler markedets odds – for eksempel indikerer en pris på $0,65 en 65 % indbygget sandsynlighed for, at begivenheden indtræffer.
Du vil kunne håndtere dine forudsigelsesmarkedspositioner sammen med din eksisterende krypto, aktier og kontantbeholdning i den samme betroede, enkle og samlede grænseflade, du kender.”
This puts Coinbase alongside other giants of the sector like Kalshi (which is regulated) and Polymarket (which provides access to offshore users without U.S. authorization), as well as Gemini, which just received the authorization to also join the prediction markets.
Futures- og Perpetual Futures-handel
Futures are a financial instrument well-known to commodity traders and used for many other financial assets.
These derivative financial assets allow for buying or selling an asset (commodity, crypto, stock index, etc.) at a set price on a future date, locking in costs or profits.
Perpetual futures ligner en normal futures‑kontrakt. Men de adskiller sig ved, at de ikke har en udløbsdato (både krypto‑ og traditionelle futures).
These trading tools are generally used with leverage to limit the amount of capital needed to bet on price swings.
“Foretag større handler med mindre startkapital, og udnyt mere fordelagtige skattemæssige fordele ved handel på tværs af kryptomarkeder og råvarer, alt på en strømlinet grænseflade, der gør handel med derivater så nem som at købe bitcoin.”
For avancerede handlere, vil dette system tilbyde op til 25x intradag gearing for råvare‑futures og op til 10x for krypto‑kontrakter, med volumen‑baserede gebyrer så lave som 0,005 % maker + $0,15 pr. kontrakt.
It will provide access to Coinbase’s TradingView charts, technical indicators, and custom watchlists, and will execute trades with real-time order book information.
Solana DEX-handel
Decentralized exchanges (DEX) use smart contracts to enable cryptocurrency traders to execute trades without an intermediary.
Coinbase’s DEX is now expanding to add Solana tokens to its system. Here, too, this can be done directly from the main Coinbase app.
This is done by integration directly into Coinbase Jupiter, Solana’s leading DEX aggregator.
Coinbase Business
Coinbase Business is a financial platform designed for startups and small businesses to tackle their operations with crypto.
On December 17th, 2025, it became available to all eligible businesses in the U.S. and Singapore.
It provides:
- Øjeblikkelige globale betalinger med lavere transaktionsgebyrer og ingen chargebacks.
- Problemfri integration med almindelig regnskabssoftware.
- Sikkerhed på virksomhedsniveau med indbygget transaktionsovervågning og sanktionstjek.
- Konkurrencedygtige variable afkast på USDC‑beholdninger, underlagt markedsforhold, berettigelse og programbetingelser.
In addition to these features, soon, businesses will get the same trading experience rolling out on the Coinbase retail platform, allowing businesses to hold and swap hundreds of different cryptocurrencies, stocks, and every token they need.
Coinbase Advisor
This new AI-powered “Advisor” for financial management is directly accessible in the main Coinbase App.
It represents an almost human-like 24/7 market analyst, as well as a personalized financial advisor. Advisor’s model is curated by portfolio managers with over 75 years of combined experience.
AI combines professional methodologies with real-time market data, the user’s inputs and current holdings, and its personal risk profile to construct a strategy that is personalized to this specific user.
This AI can also help convert a trading idea into action in the Coinbase app.

It can cover everything from crypto, USDC Lend, and, coming soon, following the december 2025 announcement, equities, derivatives, options, & prediction markets.
The advice is provided by Coinbase Advisors, LLC, which is a CFTC-registered Commodity Trading Advisor and NFA member.
During the Beta period, Coinbase Advisor is available to select users and otherwise exclusively to select Coinbase One subscribers at no additional cost.
Base‑App
The new Base App, Coinbase’s on-chain everything app, is now available in more than 140 countries. It brings together into one place social, trading, payments, app discovery, and earning.
The idea is to replicate what social media did with information, but with financial assets, so that our tendency to fall for endless scrolling can become a productive activity.
“At the center of the app is a new social feed that’s the ‘for you’ page of asset discovery.
Discover content, coins, creators, and communities, and then trade in just a few taps. Follow top traders, get notified when they create content or make trades, and copy their moves.”
Udviklerstøtte
Coinbase’s Developer Platform is now a full suite of capabilities centered around the four pillars:
- Depot.
- Betalinger.
- Handel.
- Stablecoins.
This includes easy-to-embed self-custodial stablecoin wallets into any platform, enabling customers to seamlessly pay in stablecoins at checkout.
For example, Shopify has already launched stablecoin checkout, and payment service providers like Checkout.com and PPRO are launching their own solutions in partnership with Coinbase in 2026.
Coinbase also enables developers to create their own custom-branded stablecoins, backed by flexible collateral, including USDC.
“Coinbase Custom Stablecoins tilbyder: muligheden for at indlejre dit brand i hver transaktion; belønninger på saldoer med økonomi i topklasse; og en problemfri udstedelsesproces administreret af Coinbase.”
Partnerships with Flipcash, Solflare, and R2 will see the launch of Custom Stablecoins for their customers in the coming months.
Coinbase also works in establishing global technology standards, notably with x402.
“x402 er en åben internetstandard, der gør det nemt at vedhæfte en stablecoin‑betaling til enhver web‑anmodning – den gør det muligt for AI‑agenter at betale for indhold og udføre transaktioner ved brug af stablecoins.”
In the past 30 days before “Coinbase System Update 2025”, $200M of annualized transactions was enabled by x402. The x402 Foundation is seeking to further the development of this standard, together with Cloudflare and other partners.
| Funktion | Coinbase | Traditionel mægler | Krypto‑børs |
|---|---|---|---|
| Tokeniserede aktier | Ja (24/5) | Nej | Begrænset / Syntetisk |
| Forudsigelsesmarkeder | Ja | Sjælden | Ofte offshore |
| AI‑rådgiver | Integreret | Grundlæggende / Ekstern | Sjælden |
| Stablecoin‑betalinger | Indbygget | Nej | Delvis |
Konklusion
Coinbase foretager en massiv indtræden i mange nye markeder på én gang og udnytter sin allerede store tilstedeværelse i krypto for at blive en betydelig finansiel “alt‑app”.
Med et skridt ind i tokeniserede aktier (inklusive 24/5‑handel), forudsigelsesmarkeder, futures‑ og perpetual‑handel, Solana DEX‑handel og udvidelse af B2B‑tjenester, bevæger Coinbase sig hurtigt og får en række tilbud, som næsten ingen af dets konkurrenter kan matche.
Derudover giver centraliseringen af alle disse tjenester i én app, stablecoin‑baserede betalingsløsninger, AI‑investeringsagenter og involvering i nye betalingsstandarder Coinbase en stærk position til yderligere at udnytte sine 10,8 millioner månedligt aktive brugere.
Så selvom kampen mellem kryptobørser og krypto versus traditionel finans langt fra er afsluttet, angriber Coinbase i alle retninger, også inden for traditionelle finansielle institutioner, hvilket positionerer den til at blive en af fremtidens førende investeringsvirksomheder.
(Du kan også læs mere om Coinbases forretning i vores dedikerede investeringsrapport)
Investor Takeaway
Coinbase positionerer sig som en vertikalt integreret finansplatform snarere end blot en kryptobørs. Hvis den regulatoriske implementering holder trit med produktambitionen, kan COIN udvikle sig til en hybrid fintech‑udvekslingsmodel med få direkte konkurrenter.













