According to CNBC, citing people familiar with the matter, cryptocurrency trading platform Coinbase is preparing to launch an internal prediction market, which will be supported by prediction platform Kalshi. This move is Coinbase's strategic layout to expand the asset class coverage of the trading platform in the context of some investors shunning digital assets.
Coinbase and Kalshi will formally announce the partnership in the near future, with an announcement likely as early as next week, the person said. The partnership is not exclusive, but Kalshi will be Coinbase's sole prediction market operator in the early days of the product launch.
Informed person: Kalshi is the only operator in the early days of Coinbase's prediction market
2025-12-13 01:35:07
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