Coinbase is moving closer to its vision of an “everything exchange,” adding pre-IPO perpetual futures, stock options, and soon tokenized stocks as part of a broader expansion beyond traditional crypto trading. Crypto exchange Coinbase Global Inc. (Nasdaq: COIN) expanded its “everything exchange” push with new products that include pre-IPO perpetual futures, stock options, and tokenized stocks planned for release soon, Coinbase CEO Brian Armstrong said on X. The update affects active traders, developers, Base users, and customers using Coinbase’s financial tools.