Coinbase Needs to Be Canada's One-Cease Store for Shares, Crypto and Prediction Markets – Decrypt

In short
Coinbase Canada CEO Eric Richmond confirmed the corporate is working to deliver its “Every thing Change” to Canadian customers.
The concept is to supply a single app combining crypto, shares, ETFs, and prediction markets—with no laborious launch date introduced.
Tokenized shares—shares recorded on a blockchain that settle immediately and commerce across the clock—are deliberate for non-U.S. customers, together with Canadians, this month, with full dividend rights included.
Coinbase has a brand new pitch for Canada: cease pondering of the corporate as only a crypto alternate, and begin seeing it as the one monetary app the nation wants.Eric Richmond, CEO of Coinbase Canada, advised BNN Bloomberg this week that the corporate is pushing its “Every thing Change” north of the border—a single platform the place crypto, shares, ETFs (funds that monitor a basket of property just like the S&P 500), and prediction markets (platforms the place customers guess actual cash on the result of real-world occasions, like elections or sports activities outcomes) all commerce from one account.”I believe chapter considered one of Coinbase in Canada was actually about being a crypto alternate,” Richmond mentioned. “However now part two of that's the Every thing Change. How can we create that one place for Canadians to have their whole monetary expertise in a single app that is underpinned by this expertise that makes issues frictionless, seamless, and 24/7?”No laborious launch date has been set for Canada. Coinbase says it's working intently with native regulators to get there—a relationship it has cultivated since changing into the primary worldwide crypto alternate registered in Canada in April 2024.Within the U.S., the build-out is already nicely underway. Coinbase opened inventory and ETF buying and selling to eligible American customers in February 2026 and launched prediction markets in January by Kalshi, a federally regulated prediction market operator now valued at $22 billion. As Decrypt coated in June, the corporate's roadmap for the Every thing Change now contains almost 10,000 shares and ETFs on one platform.Tokenized shares—shares in actual corporations recorded on a blockchain as a substitute of a standard brokerage system, which means trades settle immediately and the market by no means closes—are speculated to be coming to non-U.S. clients this month, based on a earlier official weblog. Richmond framed it as a matter of entry.On competitors from Robinhood and conventional Canadian brokerages, Richmond wasn't significantly fearful. “I believe individuals are beginning to notice the truth that banks shut at 4 p.m., or the markets shut at 4 p.m., or that wires can take days to settle, or that entry for high-net-worth people to sure merchandise are gated for simply these high-net-worth people,” he advised BNN Bloomberg.His five-word abstract: “Rising tide lifts all boats.”The Financial institution of Canada is predicted to finalize stablecoin implementing rules in 2027—the final main regulatory piece Coinbase wants earlier than it may well checklist a Canadian greenback stablecoin and absolutely roll out the Every thing Change within the nation.Day by day Debrief NewsletterStart on daily basis with the highest information tales proper now, plus unique options, a podcast, movies and extra.