Exchange joins new industry coalition as demand for event-based trading surges
Coinbase is reportedly preparing to introduce prediction markets and tokenized equities as part of a product showcase scheduled for Dec. 17 marking one of its most significant expansions into emerging digital-asset sectors. The move comes amid a record surge in event-based trading and growing competition among major crypto platforms.
According to reports, Coinbase will highlight its new offerings during a livestream next week, following months of speculation about the exchange’s plans. Earlier research revealed that Coinbase had been building dedicated pages for tokenized stocks and Kalshi-powered prediction markets, signaling a strategic shift toward real-world asset trading.
The development coincides with Coinbase joining the newly formed Coalition for Prediction Markets (CPM), created by Kalshi and Crypto.com. The coalition aims to work with policymakers to ensure continued access to regulated event-contract markets in the United States. Coinbase leadership emphasized that prediction markets can broaden financial access by allowing users to trade on factual outcomes.
Kalshi founded in 2018 has become a leading operator in the prediction market space, posting weekly volumes near $1 billion, while the wider sector recently hit record weekly activity approaching $4 billion. Rival exchanges are also accelerating launches, with Crypto.com planning its own prediction platform and Gemini receiving CFTC approval to offer event contracts in the U.S.
Coinbase’s forthcoming debut underscores the rapid expansion of prediction markets and the accelerating adoption of tokenized financial products as exchanges race to meet rising demand.
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This content is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency trading involves risk and may result in financial loss.