Coinbase Announces ‘Next Chapter’ In December: Here's What It Could Reveal

Key Takeaways

• Coinbase CEO Brian Armstrong is teasing a large announcement acceptable for December 17.

• The assemblage is speculating what the uncover could be.

• Theories see tokenized stocks, enlargement of the Base app, prediction markets, oregon adjacent a long-rumored Base token.

Coinbase Global CEO Brian Armstrong has announced connected societal media that a “next chapter” of the steadfast volition beryllium arriving connected Dec. 17.

The tease has sparked speculation crossed the crypto manufacture astir what Coinbase whitethorn beryllium preparing to motorboat — with immoderate utilizing it arsenic an accidental to kick astir the firm.

On Sunday, Armstrong teased connected X that the “next section of Coinbase is coming.”

“See you connected December 17,” helium told his followers.

In a follow-up post, helium linked to Coinbase’s events page, which advertised a “Coinbase System Update” leafage with a countdown.

“The aboriginal of wealth is here. Be 1 of the archetypal to acquisition it,” the webpage read. “Tune successful to the System Update livestream connected X connected December 17 astatine 2pm PST.”

The connection has drawn hundreds of responses from the community, with theories ranging from caller token launches to expanded merchandise offerings.

“Does the adjacent section yet see lawsuit enactment that’s really useful? That’s the biggest contented with CEX’s crossed the full abstraction — bully lawsuit support,” 1 X idiosyncratic wrote.

Another said: “Enough with conscionable being a ‘crypto bank’; it’s clip to crook Coinbase into a existent hub for the on-chain world.”

“If this ‘chapter’ pumps my bags, I’ll work the full publication twice,” said different hopeful X user.

Other users speculated that Coinbase’s adjacent section could present oregon grow services involving tokenized stocks.

Tokenized equities let investors to bargain and merchantability representations of accepted stocks connected a blockchain, enabling 24-hour trading and faster settlement.

Several exchanges, including Robinhood, Gemini, and Kraken, person begun offering akin products to customers extracurricular the U.S.

Coinbase executives person antecedently discussed the imaginable for stocks and different fiscal instruments to migrate on-chain, though doing truthful successful the U.S. would necessitate navigating further approvals.

Interest successful tokenized stocks has risen this twelvemonth amid argumentation shifts successful the U.S. easing restrictions connected crypto-related activity.

Another mentation is that Coinbase whitethorn beryllium utilizing the December announcement to grow its propulsion toward a unified “all-in-one” on-chain application.

The institution introduced the “Base App” successful July, which it described arsenic portion of a broader multi-year effort to marque on-chain tools much accessible to mainstream consumers.