UPDATE: Coinbase has just announced the launch of its new prediction markets in the United States, following a strategic partnership with Kalshi. This groundbreaking feature allows users to trade on the outcomes of real-world events, including politics, sports, and economic indicators, starting at just $1.
Coinbase made the announcement earlier today, December 21, 2025, stating that users will soon be able to engage with prediction markets directly on their existing platform. This innovative service enables users to forecast crucial events, whether it’s the outcome of the next presidential election or a championship game. The feature promises a seamless integration with users’ cryptocurrency and cash balances, all within a familiar interface.
In a statement, Coinbase emphasized the importance of prediction markets: “This offers a unique way for Coinbase users to engage with global events.” The prices for event contracts will be determined by the collective trading activity, creating a dynamic and interactive trading experience.
All initial prediction market activity will be sourced from Kalshi. Coinbase plans to expand this marketplace, offering a wider array of options and supporting contracts from additional prediction market platforms in the coming months.
As these developments unfold, Coinbase is also engaged in legal battles in Connecticut, Michigan, and Illinois, asserting that prediction markets fall under the jurisdiction of the Commodity Futures Trading Commission (CFTC). Despite some state warnings labeling these markets as illegal gambling, Coinbase is advocating for federal oversight to ensure safe access.
This new feature arrives as Coinbase aligns with other industry players, including Crypto.com, by joining the Coalition for Prediction Markets. The coalition aims to promote transparent, federally supervised access to prediction markets, enhancing opportunities for informed trading.
With the launch of prediction markets, Coinbase is set to revolutionize how users engage with major events. The ability to trade on a variety of topics—from sports to collectibles—ensures that users can participate in the excitement of real-world outcomes all in one place.
Stay tuned for more updates on this developing story as Coinbase continues to innovate within the financial landscape.
