Coinbase has expanded plans for its “Everything Exchange” into Canada, bringing tokenized stocks, traditional financial products, and blockchain-based services closer to one platform for local users. BNN Bloomberg reported that Coinbase is preparing to introduce its “Everything Exchange” strategy in…

Bitcoin Magazine

Coinbase Wants To Be Canada’s ‘Everything Exchange’ — With Crypto, Stocks, and Prediction Markets

Crypto giant Coinbase is making its “everything exchange” push in Canada. 

Eric Richmond, country director and CEO of Coinbase Canada, told BNN Bloomberg in a Tuesday interview that the move would allow Canadians to not only buy crypto but also trade tokenized stocks and put money on prediction markets. 

“Coinbase believes we have a new technology here that can really help with that, and that’s blockchain and the technology that underpins crypto today,” Richmond said in the interview. “How do we create that one place for Canadians to have their entire financial experience in one app that’s underpinned by this technology that makes things frictionless, seamless, and 24/7?”

He added: “I think people are starting to realize the fact that banks close at 4 p.m., or the markets close at 4 p.m., or that wires can take days to settle, or that access for high-net-worth individuals to certain products are gated for just those high-net-worth individuals.”

Coinbase in the U.S. allows Americans to place bets and trade stocks. The company started as a place allowing people to buy and sell Bitcoin but has since offered hundreds of digital coins. 

Richmond added that the company was working with Canadian regulators to make the launch. 

Tokenized stocks are versions of equities that trade on the technology underpinning Bitcoin: the blockchain. Proponents like Coinbase argue that by tokenizing everything, traders will be able to make transactions around the clock, 24-7. 

A number of crypto exchanges are also making the push to branch out from crypto: Kraken, for example, has also started allowing users to trade stocks and has announced plans for a prediction market platform. 

Coinbase’s big moves 

Coinbase has made some bigger moves in recent years, other than just working as a crypto exchange. 

America’s biggest bank, JPMorgan Chase, last year signed a deal with the company to allow customers to directly link their bank accounts to the platform. 

Coinbase also provides custody services — including to Wall Street giants like BlackRock — and has a contract with the US government to hold onto seized crypto.

The company also in April received conditional approval from the Office of the Comptroller of the Currency in the U.S. for a national trust banking charter, essentially paving the way for it to serve as a crypto custodian on a federal basis, managing assets for larger entities.

The company has clashed with banking executives recently over stablecoin rewards: the exchange wants its yield-bearing stablecoin products to continue, which in turn could prove to be a bigger boon in the long-run for the business.

This post Coinbase Wants To Be Canada’s ‘Everything Exchange’ — With Crypto, Stocks, and Prediction Markets first appeared on Bitcoin Magazine and is written by Mathew Di Salvo.

Canada’s Prime Minister Mark Carney traveled to General Dynamics Land Systems-Canada’s facility in London, Ontario, alongside National Defence Minister David J. McGuinty, to formally announce a new Strategic Partnership between the Canadian government and the company, along with a contract worth roughly $1.4 billion for 190 additional Armoured Combat Support Vehicles for the Canadian military […]

As smoke from hundreds of burning wildfires spread across Canada and the United States, the first three operational satellites in the Google-backed FireSat program successfully launched into orbit. The satellites will begin providing wildfire detection capable of spotting even small fires in the United States, Australia, and Europe before the end of the year.

The launch of the microsatellites aboard a SpaceX Falcon 9 rocket from Vandenberg Space Force Base in California on July 7, 2026 marks a transition to “initial operational capability” for the FireSat constellation managed by the nonprofit Earth Fire Alliance. After a three-month testing period, the three satellites will begin actively providing data to fire agencies while covering every fire-prone region on Earth at least twice per day.

FireSat represents the first satellite constellation purpose-built for detecting wildfires, including spotting smaller fires that other satellites may miss. The satellites were designed by California-based satellite manufacturer Muon Space and have received over $15 million from Google to support initial deployment. Other notable financial supporters include the Bezos Earth Fund that committed $26 million.

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Norwegian defense and technology group Kongsberg posted a second quarter that outpaced its own recent growth trajectory by a wide margin, with revenue climbing 31 percent to NOK 10,389 million (roughly $1.06 billion) and operating profit jumping nearly 50 percent to NOK 1,669 million (about $171 million), as demand for its missile systems and layered […]

Meta will build its first Canadian data center in Alberta, investing $9 billion in a 1-gigawatt facility that can scale to 1.8 gigawatts to support its AI infrastructure needs. The project will rely on new generation and grid infrastructure funded by Meta, including a long-term agreement tied to a new natural gas power facility. The company says it will offset electricity use with clean and renewable energy investments. Reuters reports: Meta has doubled down on AI, pledging hundreds of billions of dollars to build large AI data centers in the U.S. The Alberta announcement represents the company's 33rd data center globally. Executives made the announcement in Calgary alongside Premier Danielle Smith and other Alberta government officials, who have spent several years courting Silicon Valley tech giants with the aim of spurring a large-scale investment in the oil-and-gas province. Alberta's technology minister, Nate Glubish, told reporters there are currently several other gigawatt-scale data center proposals in various stages of development in the province. "This is the first of its kind, the first of its size, the first of its scale, but it won't be the last," Glubish said. Meta, like other tech giants, is facing rapidly expanding power needs due to the growth of AI, and Alberta is rich in natural gas which sells at a significant discount to the U.S. benchmark. The province's cold climate also makes cooling the massive super-computers and related data center infrastructure more cost-efficient. The 20 existing small- to mid-scale data centers in Alberta already pull from the province's energy grid, which is 60% powered by natural gas. The provincial government is giving new proponents the option to build their own power sources to avoid limits on power capacity. Meta said Wednesday it will fully fund new generation and grid infrastructure for its Alberta data center, which will consume about as much electricity as 800,000 homes. Gary Demasi, Meta's vice president for data center development, said the company will offset that electricity use by investing in clean and renewable energy. He also said the data center will use a closed-loop liquid cooling system, meaning its total water use will be less than that of a typical golf course. [...] The company has partnered with Alberta-based Pembina Pipeline , which announced last week it will go ahead with its Greenlight Electricity Centre, a new natural gas-fired power-generation facility in Sturgeon County which will be in service in late 2030 and with which Meta has a long-term tolling agreement. Until that project is operational and for the next decade, Alberta-based power producer Capital Power will provide 250 megawatts of electricity for the site using its existing natural gas-fired fleet. The project will require approximately 150 million cubic feet per day of natural gas, according to Pembina, helping to create demand for Western Canadian natural gas producers.

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China-linked UNK_MassTraction targets US and Canadian universities through Roundcube flaws, stealing sessions and opening access to research mail servers.

Canada’s navy currently has four submarines and, on a good day, exactly one of them can put to sea. That is the reality Prime Minister Mark Carney used to justify what his government is now calling the largest defense purchase in Canadian history: a submarine fleet of up to 12 vessels built by Germany’s Thyssenkrupp […]

A firearm attachment once reserved almost exclusively for special operations units is quickly becoming standard-issue equipment for ordinary infantry soldiers worldwide, according to a July 3 report from German defense outlet hartpunkt. The report examines the growing military adoption of what the article calls signature reducers, the more technically accurate term for devices commonly known […]