Coinbase rolls out prediction markets to all U.S. customers

Coinbase (COIN) has rolled out its new prediction market platform to U.S. users, enabling them to trade on the outcomes of real-world events including elections, sports, collectibles, and economic indicators. The platform, announced in December, is built in partnership with Kalshi, a U.S.-regulated prediction market operator recently valued at $11 billion. Kalshi offers event-based contracts that function like simplified derivatives—traders buy “yes” or “no” positions on specific outcomes, with the price ...