News linked to both this project and an event.
Coinbase released a monthly review on July 1, stating that in the first half of the year, it advanced its product layout around the strategy of "every asset, every market, one platform," covering tokenized stocks, pre-IPO perpetual contracts, stock options, crypto options, stock index perpetual futures, AI tools, payments, stablecoins, and on-chain infrastructure. Coinbase stated that the tokenized stocks are 1:1 backed shares of US companies, expected to include dividends, on-chain trading, holding, and redemption functions, and are not available to US persons. Coinbase also noted that its pre-IPO perpetual contracts will start with SpaceX and then expand to OpenAI and Anthropic, and will offer crypto options through integration with Deribit. Coinbase CEO Brian Armstrong said on July 3 that Coinbase is one of the companies with the highest level of AI application globally. Coinbase also stated that it has launched a direct INR on-ramp in India, become the official deployer of the USDC treasury wallet for Hyperliquid, partnered with Ethena across over $50 billion in assets, and mentioned transferring approximately $4.4 billion USDC to the Hyperliquid deployer. (Bitcoin.com News).
According to an official announcement, Coinbase has added support for the ETH-INR and SOL-INR trading pairs for Indian users. These trading pairs will initially launch on Coinbase Exchange and will be progressively rolled out to Coinbase.com, the Coinbase App, and Coinbase Advanced.
According to Coinbase’s official blog, Coinbase announced on May 31 that it has officially launched services for retail users in India, enabling direct deposits and withdrawals of Indian Rupees (INR) via the IMPS channel—eliminating the need for P2P intermediaries. Indian users can now trade spot and perpetual futures on the platform and access a dedicated INR order book built specifically for the local market. Coinbase stated that it has completed registration with India’s Financial Intelligence Unit (FIU-IND) and complies with Indian tax regulations.