Coinbase announced on Friday that it will integrate trading on decentralized exchanges (DEX) into its platform, allowing US users to access millions of digital assets that were previously unavailable on the platform.
The launch comes after a decline in Coinbase's spot trading volumes and revenues during the second quarter.
The company has recently highlighted its ambition to become an "everything exchange" offering tokenized stocks, prediction markets, and early-stage token sales, in addition to traditional crypto trading.
Initially available in the US (except New York) through the Ethereum Base network, the feature will later be expanded to other blockchains, starting with Solana.