Coinbase Buys Prediction Market Startup Headed By Ex-Polymarket Executive As It Looks To 'Accelerate' Ambitions For 'Exciting' Business - Bullish (NYSE:BLSH), Coinbase Global (NASDAQ:COIN)
Coinbase Global Inc. (NASDAQ:COIN) announced its acquisition of prediction market startup The Clearing Company on Monday as part of a deeper push into the emerging sector.Coinbase Global shares are consolidating. What should traders watch with COIN?Coinbase Moves Toward ‘Everything Exchange’ GoalThe Clearing Company, backed by Coinbase, secured $15 million in venture funding in August, intending to create an on-chain, permissionless prediction market. The startup is led by Toni Gemayel, who previously serve ...