Coinbase Ventures Into Prediction Markets, Thanks to Kalshi – Oh, What a Time!

by

Upon the most fortuitous leaks, tech researcher Jane Manchun Wong has graciously shared with us the discovery that Coinbase is, indeed, dabbling in the fine art of prediction markets, courtesy of Kalshi’s most regulated infrastructure. These revelations, made public on Tuesday, were passed through the rumor mill of social media, causing quite a stir among those who find solace in such exciting developments.

//media.crypto.news/2025/11/G6Edj3RbgAAdT_e.webp”/>

Another screenshot, with its air of intrigue, suggests that the product would be offered under Coinbase Financial Markets-through Kalshi, naturally-thereby ensuring the service’s regulatory compliance. What a marvel! Other images reveal an interface that allows users to engage in market predictions using USDC or U.S. dollars, with categories as varied as economics, sports, science, politics, and technology. Truly, a delightful smorgasbord of options!

Coinbase’s Foray into the Predictive Realm

Coinbase, ever eager to evolve into the “everything exchange” (because why not?), has, in the past, expressed keen interest in prediction markets. And now, on November 13, the partnership with Kalshi was officially announced, with Coinbase stepping in as the custodian for Kalshi’s USDC-based event contracts. As one does.

Prediction markets have seen considerable growth in 2024 and 2025, with Kalshi and Polymarket reporting impressive trading volumes as users engage in the thrilling world of event-based predictions ahead of major political, economic, and cultural occurrences. Ah, the joys of betting on the unknown!

The Battle of the Prediction Markets: Crypto.com vs. Gemini

Crypto.com, not one to be left behind, has also launched its own prediction market product, partnering with Trump Media-truly the most unexpected pairing of the century. Meanwhile, Gemini, with its usual charm, has plans to build a similar platform and is seeking the approval of the Commodity Futures Trading Commission. What a fine dance of compliance and anticipation!

As for Coinbase, the company has also launched Coinbase Business in Singapore, marking its first international foray into business services. The platform offers local startups and small businesses access to delightful tools, including instant USDC payments, global transfers, automated accounting integrations, and digital asset management. Such convenience!

This Singaporean venture builds upon Coinbase’s partnership with the Monetary Authority of Singapore, bringing us the BLOOM Initiative-a delightful attempt to smooth the path of cross-border digital payments. The platform, naturally, supports USDC-based global payouts and international transactions, not to mention an API for payroll automation and vendor management. Truly a feast of financial possibilities, all supported by the good people at Standard Chartered, who, for their part, provide real-time SGD banking infrastructure.

Coinbase insists that this launch is a boon for Singapore’s innovation economy, as it integrates both fiat and cryptocurrency under the scrutiny of regulatory standards. Oh, how we love the regulatory standardization!

Read More

2025-11-19 11:14