Coinbase launches agentic trading tool, expands prediction market products
Coinbase is expanding its product suite with agentic trading tools and new prediction market contracts as it competes with Robinhood and offshore rivals for young traders. The largest U.S. crypto exchange announced the rollout on Tuesday, June 16, including timed crypto trades and combo contracts that build out its event-contract offering. The agentic trading tool, which debuted through a product lead interviewed by TechCrunch, enables software agents to trade crypto spot markets and derivatives using the Model Context Protocol standard, with planned future support for equities and prediction markets. Cantor Fitzgerald separately named Coinbase and Robinhood as top picks to benefit from a prediction markets boom.
Cantor Fitzgerald's buy call on Coinbase and Robinhood signals that mainstream equity research now treats prediction markets as a genuine revenue driver for retail brokerages. Any platform without an AI-agent-ready execution stack risks losing automated flow to Coinbase's MCP-based infrastructure.
Coinbase's agentic trading and prediction markets push joins a crowded field where Kalshi, Robinhood, and Polymarket are already racing to capture retail and institutional flow across event contracts, perpetual futures, and crypto derivatives.