Coinbase

Coinbase now offers pre-IPO perpetual contracts for OpenAI and Anthropic, allowing traders to gain exposure to these AI companies before their public listings. **Key Details:** - Trade perpetual futures for both OpenAI and Anthropic - Access available now, ahead of anticipated summer IPOs - Enables early positioning in major AI company valuations This follows previous reports of both companies planning public offerings amid broader market uncertainty. The pre-IPO perps provide a way to speculate on valuations before traditional equity markets open.

Coinbase announced a comprehensive platform update introducing several new products and features: **Traditional Finance Integration** - Tokenized stocks, pre-IPO perpetuals, and stock options - Perpetual-style equity indices - Crypto derivatives returning to the U.S. market **AI and Automation** - Coinbase Advisor: AI-powered investment guidance built into the app - Coinbase for Agents: allows AI agents to connect directly to user accounts - Base MCP + x402: enables agents to operate their own wallets **Trading and Liquidity** - Launches: instant access to millions of tokens as they deploy onchain - Redesigned Coinbase Advanced with modular architecture - Unified global liquidity pool - Time-based prediction markets with combo options **Financial Products** - Coinbase One Card with USDC backing, now more accessible - 5% Bitcoin rewards on travel purchases - Crypto-backed mortgages - Borrowing against staked ETH and SOL with liquidation protection **Developer Tools** - New Coinbase Developer Platform - Complete payment solution stack - B20: Base-native token standard for any asset - Base App expanding to web with multichain support - Private transaction capabilities for enterprise users on Base **Security Features** - Enhanced transfer protections across the platform

The platform has released a comprehensive system update affecting users' financial operations. **What Changed:** - Multiple system improvements rolled out - Updates impact how users manage their financial activities - Full details available in the complete recap **What This Means:** Users who missed the live announcement can now catch up on all changes implemented during the System Update. The modifications appear to be platform-wide, touching various aspects of the service. The update represents a significant refresh to existing functionality, though specific feature details weren't disclosed in this announcement. **Next Steps:** Review the full recap to understand how these changes affect your account and daily usage.

A major crypto exchange has introduced **Transfer Protections**, giving users more control over their funds. **Key features include:** - Set daily transfer limits - Add time delays before transfers execute - Designate trusted contacts to approve outgoing transactions These tools build on previous security features like password verification for non-whitelisted addresses. The protections aim to help users prevent unauthorized transfers while maintaining control over their assets. Users can customize these settings based on their security preferences and risk tolerance.

A new lending service allows users to borrow against their staked ETH or SOL positions while continuing to earn staking rewards. **Key features:** - Access liquidity without unstaking assets - Continue earning staking rewards during the loan period - Built-in Liquidation Protection included with every loan This solution addresses a common challenge for stakers who need liquidity but don't want to forfeit their staking yields. The liquidation protection feature adds an extra layer of security for borrowers.

Coinbase has partnered with Better to launch crypto-backed mortgages, allowing users to purchase homes without liquidating their digital assets. **Key Features:** - Use BTC or USDC as collateral for down payments - Maintain ownership of crypto holdings while accessing home financing - Preserve potential upside from crypto investments This product aims to expand homeownership access for crypto holders who want to enter the real estate market without converting their portfolios to cash. The service is offered through Better's mortgage platform and powered by Coinbase's infrastructure.

Coinbase has introduced a new travel booking portal exclusively for Coinbase One Card holders, offering **5% Bitcoin cashback** on travel purchases. **Key Details:** - The 5% Bitcoin reward applies to bookings made through the dedicated travel portal - This rate replaces standard reward tiers and is not subject to typical reward caps - Travel services are provided by a third-party partner **Important Considerations:** - Refunded bookings may result in a Rewards Adjustment Charge - Coinbase, First Electronic Bank, and Cardless are not liable for travel-related issues including cancellations, delays, or unfulfilled arrangements - Full terms available at [Coinbase Rewards Terms](https://www.coinbase.com/legal/creditcard/rewards) The portal represents Coinbase's expansion into travel rewards, allowing cardholders to accumulate Bitcoin while booking flights and accommodations.

Coinbase has expanded eligibility for its Coinbase One Card, making it available to more applicants who may have been previously declined. **Key Features:** - Card is secured by USDC (stablecoin collateral) - Earns Bitcoin rewards on purchases - Previously offered up to 4% back in Bitcoin - Part of Coinbase One membership program The expansion aims to provide crypto-based payment options to a broader user base, combining the stability of USDC backing with Bitcoin earning potential on everyday spending.

**Major Financial System Overhaul Complete** The latest System Update has rolled out comprehensive changes across the entire financial infrastructure. This marks the second major update in recent years, following the initial system modernization that began in 2025. **Key Changes:** - Complete refresh of core financial operations - New features and capabilities now live - System-wide improvements affecting all users The update represents a significant milestone in the ongoing evolution of financial infrastructure, building on previous modernization efforts. All changes are now active and available to users. *Full details of specific features and improvements available in the complete announcement.*

Coinbase has introduced a new **Launches tab** that enables users to trade newly launched tokens on Base and Solana networks immediately as they go onchain. **Key Features:** - Instant access to tens of millions of new tokens - Available on both Base and Solana blockchains - Integrated into Coinbase's mobile app This feature builds on their previous trending tokens functionality, allowing traders to identify and act on emerging opportunities faster. The platform aims to help users get early access to new token launches with verified launchpad information at a glance.