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Coinbase Unveils Prediction Market Platform for Real-World Events

11/20/2025

Summary

Story summary

Coinbase (the cryptocurrency exchange) will launch a prediction market platform using Kalshi's regulated infrastructure, per Jane Manchun Wong's leaked screenshots.
The platform will let users trade on real-world events, including politics and sports, using USDC or U.S. dollars.
It will operate under the Commodity Futures Trading Commission (CFTC) oversight and align with Coinbase's goal to become an 'everything exchange' amid a market with weekly volumes over $2 billion.

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Story summary

Coinbase (the cryptocurrency exchange) will launch a prediction market platform using Kalshi's regulated infrastructure, per Jane Manchun Wong's leaked screenshots.
The platform will let users trade on real-world events, including politics and sports, using USDC or U.S. dollars.
It will operate under the Commodity Futures Trading Commission (CFTC) oversight and align with Coinbase's goal to become an 'everything exchange' amid a market with weekly volumes over $2 billion.