Coinbase to Increase BTC Holdings, Offer Tokenized Stocks and Prediction Markets in U.S.

Coinbase reported that it purchased 2,509 BTC in Q2 2025 and will increase its Bitcoin holdings. The crypto exchange has also planned an “everything exchange” for US users, offering a wide range of crypto services, including tokenized stocks.

CEO Brian Armstrong wrote on X on Thursday that the exchange is buying more Bitcoin.

“Coinbase is long Bitcoin. Our holding increased by 2,509 BTC in Q2, and we keep buying more.”

Coinbase is long bitcoin.

Our holding increased by 2,509 BTC in Q2, and we keep buying more. pic.twitter.com/ztx10X2YXV

— Brian Armstrong (@brian_armstrong) July 31, 2025

With the addition of 2,509 BTC ($290 million) in Q2, Coinbase hit the top 10 of public companies that hold Bitcoin, overtaking Tesla. However, the crypto exchange giant reported disappointing second-quarter results, sending its shares down over 9% in after-hours trading.

According to the Coinbase shareholder letter released on Thursday, the exchange posted total revenue of $1.5 billion in Q2, less than the $1.59 billion that analysts had expected.

This follows a strong performance from rival Robinhood, which reported revenue of $989 million, a 45% year-on-year increase, beating analysts’ estimates of $908 million.

Coinbase to Launch Tokenized Stocks, Prediction Markets in US

In a separate announcement, Coinbase confirmed to CNBC that it will launch new services in the United States in the coming months.

As a part of its “everything exchange” strategy, Coinbase will offer tokenized stocks, prediction markets, derivatives, and early token sales. The firm announced that it will initially roll out new offerings to US users in the coming months.

“We’re building an exchange for everything,” Max Branzburg, vice president of product at Coinbase, told CNBC. He added that a “gradual international rollout based on jurisdictional approvals” is imminent.

“We’re bringing all assets onchain — stocks, prediction markets, and more. We’re building the foundations for a faster, more accessible, more global economy.”

The announcement arrives hours after the US SEC launched ‘Project Crypto,’ a comprehensive initiative designed to “modernize” securities regulations for crypto-based trading activity.

Besides Coinbase, Robinhood, Kraken and Gemini have recently introduced tokenized equity offerings, which are digital representations of shares that can be traded on blockchain infrastructure.