Coinbase is developing its own prediction service.
Date: 2025-11-20 Author: Henry Casey Categories: BUSINESS
Cryptocurrency exchange Coinbase is working on the launch of a new service focused on prediction trading. The project was first reported by technology researcher and blogger Jane Manchun Wong, who regularly identifies test features on major online platforms. She published a series of images indicating that the exchange is developing a full-fledged prediction market.
According to Wong's materials, the future product will be offered through Coinbase Financial Markets, a division that specializes in derivatives. One of the screenshots mentions integration with the Kalshi platform, suggesting that the service will operate within its regulatory framework. Other images show trading screens where users can trade using USDC or US dollars. Various categories are offered, ranging from economics and science to sports, technology, and politics.
Coinbase's interest in such tools is not new. The company has previously announced its intention to create a "universal exchange" that will house various financial products, including prediction markets. On November 13, the exchange announced a partnership with Kalshi, under which Coinbase will act as custodian for USDC-denominated contracts. This agreement confirmed the company's commitment to expanding its presence in the event-driven derivatives space.
However, Coinbase is not the only player to have noticed the growing popularity of such services. Crypto.com recently introduced its own prediction product in collaboration with Trump Media, and Gemini announced plans to launch a similar platform in a new app. This interest stems from the fact that prediction markets have become one of the most popular cryptocurrency products this year. According to industry data, trading volumes on Polymarket and Kalshi have increased significantly, intensifying competition among major exchanges.
Thus, Coinbase's development of this new platform reflects the crypto industry's active expansion into event-driven markets. Growing user interest, increased liquidity on existing services, and recent partnerships indicate that exchanges are seeking to establish themselves in a segment that could become a key trend in the coming years.
