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Coinbase CEO Brian Armstrong set his X profile picture to the artwork behind a Base memecoin, then replaced it with a newly acquired CryptoPunk. The $BRIAN token round-tripped from obscurity to millions and back, a stark test of how far one social cue can move an onchain market.

Robinhood pays only the gap between organic yield and a 7% target for a year; Coinbase pays market rate plus token rewards with no ceiling and no end date.

Molly Abraham is set to take over as general counsel as Grewal shifts to a three-month advisory role through October.

Coinbase used its latest "System Update" Tuesday to push deep into territory long held by retail brokerages, rolling out an SEC-registered AI investment advisor, stock and ETF trading on its professional platform, and options markets for both equities and crypto. The bundle moves the exchange's competitive frame from Binance and Kraken toward Robinhood, Schwab, and Interactive Brokers.

Coinbase announced plans for what it calls the first tokenized U.S. stocks backed 1:1 by actual shares, with automatic on-chain dividend distribution. The exchange described the product as 'no derivatives, no IOUs,' a direct contrast to the synthetic equity structures currently dominating on-chain equity trading.

Coinbase CEO Brian Armstrong called Monday for an overhaul of the U.S. accredited-investor framework, arguing that wealth-based gatekeeping concentrates private-market gains among the already wealthy. He proposed replacing the net worth and income test with a financial literacy exam, or removing the requirement entirely.

Coinbase has launched two onchain USDC lending vaults built on Morpho and curated by Steakhouse Financial: a conservative Prime tier backed by BTC and ETH collateral, and a Higher Yield tier drawing on Ethena-powered assets.

Coinbase International Exchange, operating through its BMA-licensed Bermuda entity, now offers USDC-settled perpetual futures on private-company valuations, with SpaceX as the first listing.

The exchange's venture arm bought ENA tokens directly on the open market rather than through a private round, the first such disclosed purchase, alongside a partnership to push Ethena's onchain dollar and savings products into Coinbase's userbase.

Coinbase is expanding its trading offerings by launching perpetual-style equity index futures on June 8, allowing users to go long or short on market sectors and trends.

The exchange's strategic investment cements Centrifuge as the go-to issuance layer for compliant onchain assets, starting with a tokenized S&P 500 product for non-U.S. users.

Coinbase Asset Management has selected Superstate FundOS to issue on-chain shares of Coinbase Stablecoin Yield Fund (CUSHY).

Coinbase CEO Brian Armstrong publicly supported Treasury Secretary Scott Bessent's call to pass the CLARITY Act, citing the urgency of crypto regulation.

Coinbase got conditional approval from the OCC for its trust, a step toward federal oversight for its offerings to replace the current state by state licensing approach.

The open standard for embedding payments into HTTP interactions aims to become the settlement layer for AI agent commerce, with over 20 founding members spanning tech, payments and crypto.

Borrowers can pledge Bitcoin or USDC as down payment collateral without triggering a taxable event.

The integration gives DeFi protocols direct access to institutional-grade order book, spot, and futures data from the largest US crypto exchange.

The exchange is offering leveraged contracts on major technology stocks and ETFs.

Armstrong withdrew support for the draft legislation, claiming that it could restrict tokenized equities, DeFi, and stablecoin rewards.

Brian Armstrong responds to community feedback about the Base App, which now blends finance and social features.