Prediction Markets Hit New Records as Coinbase Enters the Sector
Coinbase has launched its prediction market feature across all 50 US states, partnering with Kalshi, a regulated platform, as the sector experiences record growth in user participation and transaction volume. This move aligns with Coinbase's strategy to expand its offerings and positions it as a comprehensive financial platform. CEO Brian Armstrong emphasized the potential of prediction markets as reliable truth-seeking tools, which could reshape how users engage with various real-world outcomes.
Coinbase, one of the world’s leading cryptocurrency exchanges, has officially launched its prediction market offering for American users. The rollout comes as prediction markets continue to gain traction, with weekly notional volume, transaction activity, and user participation reaching new records. Coinbase Launches Prediction Markets Across All 50 US States Coinbase announced on Tuesday that its prediction market product is now available to customers in all 50 US states via its partnership with Kalshi, a CFTC-regulated platform recently valued at $11 billion. The feature is available on the latest version of the Coinbase app. Users can access the new “Predict” tab to place wagers on outcomes across sports, politics, entertainment, economic events, and more. Out: Odds set by the house.In: Price set by the crowd.Now there's a new way to trade your takes.Prediction markets are live in all 50 states on Coinbase.Trade any real-world outcomes across sports, politics, culture and more. pic.twitter.com/CIjz9T9pjX— Coinbase 🛡️ (@coinbase) January 28, 2026 Coinbase first revealed plans to enter the prediction market sector in December. This initiative is part of the firm’s vision to be an all-in-one financial platform, an “everything exchange.” “Listed futures and swaps are offered by Coinbase Financial Markets (“CFM”), a NFA member firm. Trading prediction contracts involve substantial risk and may result in the loss of your entire investment. Contracts pay out only if the specified event occurs. Trade only if you understand the product and believe it is appropriate for your financial situation and objectives,” the exchange wrote. Coinbase CEO Brian Armstrong also weighed in on the broader significance of prediction markets, describing them as a powerful tool for uncovering the truth. “Prediction markets are the ultimate form of truth seeking. When there’s skin in the game, the output is far more reliable. Everything else is biased by someone’s agenda. I think we’ll loo...
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