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Coinbase to Launch Prediction Markets and Tokenized Stocks

12/16/2025

27 5 Full Breakdown

Summary

Story summary

Coinbase Global plans to launch prediction markets and tokenized stocks on December 17, 2025, by partnering with Kalshi to operate the markets.
The move aligns with Brian Armstrong, CEO of Coinbase Global, in pursuing an "everything exchange."
Coinbase Global has more than 105 million users and 10.8 million monthly active users, which it seeks to leverage, though sports event contracts, already offered by competitors, remain uncertain.

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Story summary

Coinbase Global plans to launch prediction markets and tokenized stocks on December 17, 2025, by partnering with Kalshi to operate the markets.
The move aligns with Brian Armstrong, CEO of Coinbase Global, in pursuing an "everything exchange."
Coinbase Global has more than 105 million users and 10.8 million monthly active users, which it seeks to leverage, though sports event contracts, already offered by competitors, remain uncertain.