Coinbase is reportedly set to launch a prediction market powered by Kalshi. The brand new product, alongside tokenized inventory choices, will probably be unveiled on the agency’s December 17 occasion.
Coinbase, the most important cryptocurrency alternate within the U.S., is reportedly getting ready to launch an in-house prediction market. This new platform can be powered by Kalshi. Kalshi is among the main federally regulated monetary exchanges. It is a non-exclusive partnership. Nonetheless, Kalshi would be the solely prediction market operator that can be working with Coinbase to begin.
Prediction Markets and Tokenized Shares Deliberate for Occasion
The official announcement is predicted to come back out quickly, maybe as early as subsequent week. Sources say Coinbase has plans to introduce the brand new product. This may occur at its “Coinbase System Replace” occasion on Tuesday, December 17. The occasion is predicted to incorporate some enormous platform expansions.
Coinbase is engaged on Prediction Market pic.twitter.com/0T3HwdXmDy
— Jane Manchun Wong (@wongmjane) November 18, 2025
In the meantime, hypothesis concerning the prediction market launch has continued for practically a month. Furthermore, a Silicon Valley researcher posted a screenshot on X in November. Consequently, the picture supplied early indications of the product’s anticipated design.
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The Data first reported in November that Coinbase was planning to introduce these Kalshi-powered prediction markets. This report was later corroborated by Bloomberg. Moreover, Bloomberg stated that the cryptocurrency alternate can be prone to announce a tokenized inventory providing on the similar occasion. That is consistent with a bigger business motion in direction of tokenization.
The anticipated tokenized inventory providing is essential. Sources state that Coinbase can be issuing these securities utilizing its personal system. On this manner, that is completely different than rivals utilizing exterior companions. This method provides the agency extra management when it comes to compliance and product design.
Coinbase refused to remark immediately on these developments with CNBC. As an alternative, the agency inspired stakeholders to tune in to its occasion to be held sooner or later for full particulars. The corporate didn’t say when precisely the prediction markets can be accessible to customers.
Strategic Transfer to Grow to be ‘The whole lot Alternate’
Coinbase’s aggressive push is highlighted by its upcoming product launches. The agency needs to reinvent itself into an “all the things alternate.” This imaginative and prescient is one-stop store buying and selling of all types of belongings. This consists of crypto tokens, tokenized shares, and occasion contracts.
CEO Brian Armstrong offered traders with this “all the things alternate” imaginative and prescient in Might. He stated that Coinbase would attempt to be a serious monetary service app within the subsequent decade. This growth is approaching the heels of accelerating competitors and rising worldwide curiosity in tokenized monetary belongings.
Rivals similar to Robinhood, Gemini, and Kraken have already toyed with prediction markets. They’ve additionally carried out tokenized fairness merchandise in several areas. Coinbase’s transfer into the area is a sign that prediction markets have gotten mainstream as a monetary instrument.
By the mix of prediction markets, tokenized securities, and crypto buying and selling, Coinbase is making an announcement of ambition. It goals to create a full digital belongings ecosystem. Finally, this new platform would serve a borrower/lender, brokerage, derivatives, and blockchain perform akin to a next-generation brokerage, derivatives, and blockchain service.