Coinbase Could Reveal Prediction Market Plans Next Week

Posted on: December 11, 2025, 08:38h. 

Last updated on: December 11, 2025, 08:38h.

• Crypto brokerage giant has expressed interest in prediction markets, been tied to related speculation.
• Company could unveil plans next week.
• It’d add another crypto player to the prediction markets industry.

Coinbase Global (NASDAQ: COIN), the largest cryptocurrency brokerage house, is a long-awaited entrant to the world of prediction markets and more details on the company’s plans could emerge as soon as next week.

The company is expected to unveil plans for event contracts and tokenized stocks at an even on Dec. 17, two unidentified sources with knowledge of the matter told Bloomberg. Coinbase has been clear it wants to become a prediction markets player, but it hasn’t mentioned timing. In a September blog post, the brokerage firm said event contract marketplaces are logical avenues for expanding the use cases of digital currencies.

Coinbase has some prediction market exposure via a USDC — a dollar-pegged stablecoin — relationship with Kalshi that was announced last month.

Today we’re announcing that Kalshi, the largest prediction market in the U.S., has chosen Coinbase Custody to safeguard their USDC – giving participants peace of mind when they trade on real-world outcomes,” according to the statement.

It’s not clear if Coinbase will offer sports event contracts as do some of its upcoming competitors in the prediction markets industry.

Prediction Markets Continue Getting Crypto-Heavy

Speculation that Coinbase is days from declaring its prediction market intentions emerges a day after the Winklevoss twins’ Gemini Space Station (NASDAQ: GEMI) said it won regulatory approval to enter the yes/no contracts arena.

The relationship between crypto and prediction markets is logical if not natural. As just one example, Polymarket, one of the world’s largest prediction markets, is deeply rooted in crypto. That company uses smart contracts and stablecoins to offer clients decentralized trading/wagering.

Blockchain’s growth, smart contract security, and embrace of stablecoins are among the reasons prediction markets have become a “killer onchain use case,” according to Hoolie Tejwani, head of Coinbase Ventures.

Coinbase Could Be Formidable Prediction Markets Player

Already the largest crypto trading house in the US, Coinbase could be a major prediction markets player. The company has an estimated 105 million users around the world and 10.8 million of them are considered active on a monthly basis.

Coinbase could also be instrumental in broadening institutional participation in prediction markets, which could enhance liquidity. Last year, the company processed $1 trillion in transaction volume, much of it courtesy of institutional market participants.

Earlier today, it was reported Coinbase is part of the new Coalition for Prediction Markets (CPM) — a lobbying entity steered by Crypto.com and Kalshi. Robinhood and Underdog are also part of that group.