Coinbase Develops Event Prediction Platform in Partnership With Kalshi
Coinbase appears to be working on a new event prediction platform in collaboration with Kalshi, according to screenshots uncovered by tech researcher Jane Manchun Wong. The discovery suggests that Coinbase is preparing to enter the regulated event market space using its derivatives division.Early Interface Spotted by Jane Manchun Wong
Wong, well known for identifying unreleased features across major platforms such as Facebook and X, published several screenshots showing the upcoming interface. The images indicate that the service is being developed under Coinbase Financial Markets, the derivatives arm of Coinbase Global, and will rely on Kalshi’s infrastructure.A Full Event Prediction Market With Coinbase Branding
The screenshots show a polished interface branded with Coinbase’s logo, including an FAQ section and a detailed overview of how the prediction service works. The layout resembles standard event betting platforms, displaying probabilities, market categories, and informational guides for users.The platform will reportedly support both US dollars and USDC, giving traders a choice between fiat and stablecoin participation. Event categories include economics, sports, science, politics, and technology — a range typical for regulated prediction markets.
Integration Through Kalshi’s Regulated Framework
Kalshi is currently the only federally regulated event contract exchange in the United States. By partnering with Kalshi, Coinbase may be attempting to bring prediction markets to a broader crypto-native audience while operating within established regulatory boundaries.Coinbase Financial Markets already holds a license to offer certain derivatives products, making the collaboration a strategic fit for expanding into event-based markets with proper oversight and compliance.
Why Coinbase Is Exploring Prediction Markets
Prediction markets have been gaining traction as a tool for forecasting real-world outcomes using crowd-based probability estimates. For Coinbase, the move could diversify its product suite beyond trading and staking, while leveraging the appeal of on-chain stablecoins like USDC for real-money event contracts.If officially launched, the platform could position Coinbase as one of the first major crypto exchanges to integrate regulated event markets directly into its ecosystem.
Editorial Team — CoinBotLab