Leaked screenshots suggest one of the largest US crypto exchanges, Coinbase, is working on its own prediction markets in partnership with regulated prediction market company KalshiEX LLC, but the publicly available information quickly disappeared after disclosure.
The screenshots, shared by software engineer and tech blogger Jane Manchun Wong, revealed Coinbase’s “Prediction Markets” interface, which features price charts, event-based markets, and educational guides on how prediction trading works.
One screenshot included a disclosure stating that “Prediction markets are offered by Coinbase Financial Markets through KalshiEX LLC,” implying that Coinbase plans to integrate Kalshi’s regulated infrastructure.
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Wong also images hinting at a potential stock and ETF trading feature, signaling a broader expansion beyond the company’s core crypto offerings.
Coinbase appears to have removed public access to its prediction market pages after a series of leaked screenshots suggested upcoming features. Wong noted that Coinbase Predictions is no longer publicly accessible following her “initial scoop about their upcoming feature.” The previously accessible prediction market pages reportedly displayed only blank content.
Coinbase has not commented directly on the leak. However, the exchange plans to host its System Update livestream on December 17, which is expected to mark a new era for Coinbase and include key business updates.
Why This Matters
Coinbase’s prediction markets would signal a strategic shift toward regulated, mainstream financial services. A potential Kalshi integration could let it compete with platforms like Polymarket, using its user base and custody infrastructure to enter event-based trading.
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People Also Ask:
Coinbase is a U.S.-based cryptocurrency exchange where users can buy, sell, and store digital assets like Bitcoin and Ethereum. It’s one of the largest and most regulated exchanges in the United States.
Coinbase emphasizes security and regulatory compliance, offering insurance on digital assets held in its custodial accounts and using strong security protocols. However, crypto investing always carries risks.
Users buy and sell contracts that pay out if a specific event happens. For example, a contract predicting a Bitcoin price above $50K might pay $1 if it happens. The current price indicates market sentiment.
Some prediction markets are regulated, like those run through Kalshi in the U.S. Others, especially decentralized platforms, may operate in less regulated environments. Legal rules vary by country and platform.
Yes, but it carries risk. Profits depend on correctly predicting outcomes and market liquidity. Incorrect predictions result in losing the amount invested in the contract.
