Coinbase rolls out US prediction markets

Coinbase has launched Kalshi-powered prediction markets for users across all 50 US states, expanding beyond crypto trading into event-based markets available nearly 24/7.

The new product allows Coinbase users to trade on outcomes across politics, sports, culture and crypto using US dollars or USDC held in their existing exchange accounts.

“Prediction markets are the ultimate form of truth-seeking,”

Said Coinbase chief executive Brian Armstrong, adding that markets with financial stakes produce more reliable outcomes.

The launch follows surging interest in prediction markets, after platforms such as Kalshi and Polymarket recorded billions of dollars in weekly trading volumes in late 2025.

Coinbase becomes one of the largest publicly traded firms to offer prediction markets, joining Robinhood in integrating Kalshi’s regulated contracts.

The rollout comes amid rising regulatory scrutiny, including recent action by Tennessee authorities targeting sports-related prediction contracts.

Coinbase said its markets will be accessible almost continuously, aside from brief weekly maintenance, as the company monitors user adoption and trading behaviour.