Crypto exchange Coinbase is working on building a website for its prediction market platform, according to a tech researcher who has apparently published screenshots that show it will be supported by Kalashi.
Jean Minchen Wang, a tech researcher and blogger known for exploring development features on major tech sites, posted on X on Tuesday that Coinbase is “working on a prediction market,” and shared several screenshots apparently showing the platform.
In a screenshot, it says that the prediction market Coinbase Financial Markets, which is offered by Coinbase Global’s derivatives arm, Prediction Market Kalshi.
Other images show a generic prediction market interface splashed with Coinbase’s logo, along with an FAQ section and a branded guide explaining the offering.
Coinbase told CNBC in July that it plans to offer prediction markets as part of its bid to become an “everything exchange.” Coinbase and Kalshi partnered on November 13, with the exchange acting as a custodian for Kalshi’s USDDC (USDC)-sponsored event contracts.
Coinbase and Kalashi did not immediately respond to a request for comment.
Wong is known for discovering unpatched features from platforms including Facebook, Instagram and X by scouring a website’s public source code for clues.
In the screenshots shared by Wang, Coinbase is apparently ready to allow USDC, or US dollars, on prediction markets, which could include programs related to economics, sports, science, politics and technology. It also indicates that new markets will be added regularly.
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Prediction markets have become one of the hottest crypto offerings this year, with volumes on platforms like Kalashi and Polymarket increasing.
Many of Coinbase’s crypto exchange competitors are also looking to buck the trend by partnering with existing platforms or developing their own offerings.
Crypto.com recently launched a prediction markets platform, ready to integrate with Trump Media.
Crypto exchange Gemini is also planning to launch a prediction market platform as part of an initiative to create a “super app,” and last week said it had filed with the Commodity Futures Trading Commission to become a designated contract market to offer the platform.
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