BREAKING: Coinbase has just announced the launch of prediction markets in the United States, marking a significant development in how users can engage with real-world events. This new feature, developed in partnership with Kalshi, will allow users to place trades on outcomes ranging from politics and sports to economic data and collectibles, starting at just $1.
UPDATE: The rollout began on December 21, 2025, enabling users to bet on various events while managing these positions alongside their crypto and cash balances in a seamless interface. Coinbase stated, “You will soon be able to trade on the outcomes of real-world events like elections, sports, collectibles, and economic indicators.”
This launch comes at a time when the prediction market landscape is under scrutiny. Coinbase is currently involved in lawsuits across multiple states, including Connecticut, Michigan, and Illinois, arguing that these markets fall under the jurisdiction of the Commodity Futures Trading Commission (CFTC). Several states have raised concerns, labeling these markets as a form of illegal gambling, but Coinbase is pushing back, emphasizing the need for regulated access to these trading tools.
In a tweet, Coinbase CEO Brian Armstrong stated, “Any state saying otherwise is keeping Americans from accessing tools that help them get ahead.” This sentiment underscores the urgency and potential impact of Coinbase’s new offering on users eager to engage in predictive trading.
The integration with Kalshi means that all initial prediction market activity will be sourced from their platform, but Coinbase plans to broaden this to include additional prediction market platforms in the future. “A wider marketplace for predictions creates an avenue for more informed trading activity,” Coinbase noted.
The launch is set to capture the interest of not just crypto enthusiasts but also those passionate about sports, politics, and economic forecasting. Users can expect to trade on a variety of events, enhancing their engagement with ongoing global happenings.
With this innovative feature, Coinbase is positioning itself at the forefront of a rapidly evolving market, providing users a unique opportunity to forecast significant outcomes while navigating their investments in a trusted environment.
As the situation develops, all eyes will be on how users respond to this new offering and what implications it will have for the broader financial landscape. Stay tuned for more updates as Coinbase continues to shape the future of trading.
