Short answer, yes. Today, any Embodied Sound enabled device can function as a dedicated receiver of channel based audio by routing the same signal that would have otherwise gone to a full-frequency speaker to the Embodied Sound receiver. In some cases, you may need to mix both the full frequency channel and the LFE channels together before routing to the Embodied Sound device.
Every Embodied Sound device carries the same accessible frequency range by design, which means that you can set the Embodied Sound device as a full-frequency receiver for spatial audio systems and place wherever you want in your space - in the couch, in the wall, hanging, or even in the floor, and once you tell your renderer the location, your renderer will take care of any spatialization needed to activate.
New forms of spatial audio which leverage the unique acoustic properties and unrestricted installation locations of Embodied Sound are coming.