Coinbase Expands From Crypto To Stock, Prediction Markets

Coinbase (COIN) is rolling out stock trading and prediction markets on its app, making a big expansion from cryptocurrencies. It’ll also put the cryptocurrency exchange in more direct competition with Robinhood (HOOD). Cathie Wood and her ARK Invest firm loaded up on Coinbase stock on Wednesday. U.S. users can trade stocks on the Coinbase app via the USDC stablecoin, Coinbase…