Coinbase Launches Unified Trading Platform and AI Adviser as Q1 Sales Slide 31%
COIN•Coinbase launched a unified platform combining crypto, stocks and ETFs, tokenized equities and payments, and introduced Coinbase Advisor, an SEC-registered AI adviser providing 24/7 trade recommendations. First-quarter sales plunged 31% year-over-year, crypto trading volumes dropped 28% quarter-over-quarter and spot volumes fell 37%, while Coinbase Ventures backed tokenized credit protocol Multipli.
1. Multi-Asset Platform Expansion
Coinbase unveiled a unified platform that integrates crypto, stocks, ETFs, tokenized equities and payments into a single account interface, marking the most ambitious product expansion in its history.
2. Launch of SEC-Registered AI Adviser
Coinbase Advisor, one of the first SEC-registered AI investment advisers, can issue explicit buy and sell recommendations, analyze user portfolio history and execute trades around the clock.
3. First-Quarter Performance Decline
Q1 revenue fell 31% year-over-year, crypto trading volumes declined 28% quarter-over-quarter and spot trading volumes dropped 37%, reflecting sustained headwinds in trading activity.
4. Venture Investment in Multipli
Coinbase Ventures invested in Multipli through the Base Ecosystem Fund to support its tokenized credit protocol, institutional-grade yield solutions and efficient real-world asset markets.
