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The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
In a move reflecting the accelerating investment pace in the artificial intelligence sector, Coinbase has expanded its platform to include pre-IPO trading for AI giants OpenAI and Anthropic. This expansion is part of the company's strategy to diversify its revenue streams beyond traditional cryptocurrency trading. Coinbase aims to build next-generation capital markets infrastructure, allowing users to gain exposure to major AI entities before they officially go public.
This expansion comes as AI companies command massive billion-dollar valuations, with OpenAI valued at approximately $80 billion earlier this year according to Bloomberg reports, while Anthropic has raised billions from giants like Amazon and Google. In terms of competition, Coinbase is positioning itself against platforms like Forge Global and EquityZen which dominate the private secondary markets. Per market data, this move strengthens COIN's position as a comprehensive financial platform transcending crypto assets.
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Sign InRegarding stock performance, COIN shares closed at $163.26 (close June 18, 2026), after hitting an intraday high of $169.81. Investors are closely watching how this diversification impacts upcoming earnings reports, especially following the Fed's decision to hold interest rates at 3.75% on June 17, 2026. Future US economic data, particularly inflation and growth figures, will remain key catalysts for risk appetite in the tech and AI sectors.