Coinbase has expanded its prediction markets feature to users across all 50 U.S. states, giving customers nationwide access to event-based trading inside its app.
Summary
- Coinbase has made prediction markets available nationwide through its partnership with Kalshi.
- Users can trade event-based outcomes directly inside the Coinbase app using crowd-priced contracts.
- The move reflects growing demand for regulated prediction markets tied to real-world events.
The company confirmed the rollout on Jan. 28, following an initial launch in December that was limited to select users.
The feature, developed in collaboration with Kalshi, a U.S.-regulated prediction market platform, enables users to trade simple yes-or-no contracts linked to real events.
Nationwide access under U.S. regulation
Through the integration, Coinbase users can trade on a wide range of events, including sports, politics, entertainment, and major economic developments such as Federal Reserve decisions. Prices move based on supply and demand, capturing how the market collectively assesses the likelihood of each outcome.
With low minimum amounts, trades can be made with USD or USD Coin (USDC). At launch, all contracts and liquidity are provided by Kalshi, though Coinbase has said it plans to support additional providers over time.
The markets sit alongside existing crypto and cash features, keeping everything within a single interface.
Regulated markets gain wider exposure
The rollout comes as prediction markets gain traction in the U.S., fueled by growing demand for crowd-based forecasts tied to major events. Because they provide a compliant substitute for offshore or decentralized markets that are not subject to U.S. regulatory oversight, regulated platforms like Kalshi have attracted attention.
Coinbase framed the expansion as part of its broader push to become an all-in-one financial platform. By integrating prediction markets alongside crypto trading, the company is looking to widen its product lineup while remaining within U.S. regulatory boundaries.
Although Kalshi has faced legal pushback in certain states over sports-related contracts, it has continued to secure partnerships with large trading platforms. The Coinbase rollout signals increasing confidence in regulated prediction markets, highlighting their gradual integration into mainstream financial platforms.
