UPDATE: Coinbase has officially launched its prediction markets in the United States, thanks to a groundbreaking partnership with Kalshi. This new feature allows users to trade on the outcomes of real-world events, including politics, sports, and economic indicators, starting now.
Beginning December 21, 2025, Coinbase users can engage with the platform by placing trades for as low as $1 in USD or USDC. The integration promises a seamless experience, enabling users to manage their prediction market positions alongside their existing cryptocurrency and cash assets.
In an official statement, Coinbase emphasized, “You will soon be able to trade on the outcomes of real-world events like elections, sports, collectibles, and economic indicators.” This launch marks a significant shift in how users can participate in major global events, making it more accessible than ever.
“A wider marketplace for predictions creates an avenue for more informed trading activity,” Coinbase added, indicating future plans to include contracts from additional prediction market platforms.
All initial prediction market activity will derive from Kalshi, a move designed to ensure a robust trading environment. Coinbase is also actively addressing regulatory concerns, recently filing lawsuits in Connecticut, Michigan, and Illinois, asserting that these markets fall under the jurisdiction of the Commodity Futures Trading Commission (CFTC). This legal action aims to clarify the regulatory landscape, as some states have classified these markets as illegal gambling.
Brian Armstrong, CEO of Coinbase, highlighted the importance of these markets for American users, stating, “Any state saying otherwise is keeping Americans from accessing tools that help them get ahead.” The launch of prediction markets aligns with Coinbase’s commitment to offering innovative financial tools to its users.
This development comes as part of a broader initiative, with Coinbase joining the Coalition for Prediction Markets, collaborating with both Kalshi and Crypto.com to advocate for safe and transparent access to these trading platforms.
As this situation unfolds, users are encouraged to keep an eye on how these prediction markets evolve and the potential impacts on their trading strategies. The integration of prediction markets into the Coinbase platform signifies a major step in democratizing access to real-world event forecasting.
For more updates on this developing story, stay tuned as Coinbase continues to expand its offerings and clarify its position amidst the ongoing regulatory discussions.
