During its recent System Update event, Coinbase introduced an SEC-registered AI investment advisor, marking a significant step in its evolution toward becoming an “Everything Exchange.” The new advisor, called Coinbase Advisor, allows users to manage their portfolios through natural language commands, accessing their account history and portfolio information. CEO Brian Armstrong highlighted that the tool can suggest ideas users might not have considered. Additionally, Coinbase now enables AI agents, including ChatGPT and Claude, to connect directly to the platform, allowing customers to set trading rules and authorize automated executions. This aligns with a broader industry trend toward agentic finance, following similar moves by Robinhood. The exchange also announced plans to launch stock options this summer and crypto options later this year, along with 24/7 perpetual-style stock index products available to US traders. Time-based prediction markets for assets like Bitcoin, Ethereum, Solana, XRP, and Hyperliquid will allow speculation on price movements ranging from 15 minutes to one year. Coinbase is also expanding its pre-IPO perpetual contracts program beyond SpaceX to include private companies such as OpenAI and Anthropic. These initiatives build on earlier tokenized stock products backed 1:1 by underlying shares. Following the announcements, Coinbase shares rose to around $170 before settling near $169.20, according to Yahoo Finance data.