New platform appears to integrate with Kalshi as demand for event-based trading surges
Coinbase appears to be preparing a major expansion into the rapidly growing prediction markets industry, according to newly surfaced screenshots showing a dedicated platform under development. The move would position the exchange to compete directly in one of the fastest-rising segments of digital finance, where event-based contracts tied to real-world outcomes are attracting record trading volumes.
Coinbase Tests Prediction Market Platform
Newly shared screenshots circulating online indicate that Coinbase is building a prediction markets website backed by Kalshi, a regulated platform offering event-based derivatives. The images show a clean interface carrying Coinbase’s branding, an FAQ section and guidance explaining how users may participate using USDC or U.S. dollars.
A description within the interface states that the service is offered through Coinbase Financial Markets, the company’s regulated derivatives arm. If launched, the platform would allow traders to speculate on outcomes across economics, politics, sports, science and technology, with indications that new markets would be added frequently.
A market analyst familiar with the sector noted, “Prediction markets have shifted from niche to mainstream within just a year. Major exchanges see them as a natural extension of digital asset trading.”
Rising Industry Competition
The development comes during a period of rapid growth for event-driven trading platforms, with volumes on leading providers rising sharply throughout the year. An independent derivatives researcher commented, “The surge in activity is being driven by traders looking for clearer, data-driven ways to price real-world uncertainty. Traditional exchanges are now racing to add these tools.”
Rivals are already moving. Crypto.com has rolled out its own offering, while another major exchange recently filed with regulators to operate a regulated event-contract marketplace as part of a broader “super app” strategy.
If Coinbase moves forward, it may become one of the first large U.S. exchanges to combine a regulated derivatives framework with a consumer-friendly event-contract interface. Industry observers say that integrating USDC-based trading with prediction markets could reinforce stablecoins’ role in mainstream financial products, offering familiarity for existing crypto users and a compliant environment for new participants.
As anticipation builds, one institutional trading consultant summed it up: “Event markets are becoming a core component of the digital economy. Any major exchange entering now is positioning itself for the next phase of financial innovation.”
Disclaimer
This content is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency trading involves risk and may result in financial loss.