What To Know:
- Coinbase launched CoinbasePredict, a regulated prediction markets platform offering event-based contracts across economic, political, sports, and entertainment outcomes.
- The platform integrates Kalshi-powered markets, USD and USDC settlement, and real-time news tools within Coinbase’s Base App ecosystem.
- Crypto.com entered the same space with its OG platform, signaling rising competition to scale regulated event-based trading.
Coinbase has moved deeper into event-based trading with the public launch of CoinbasePredict, a new prediction markets platform that places regulated forecasting tools inside its broader trading ecosystem. The product went live on February 3, 2026, and is now available to verified users in the United States and select international markets.
The launch marks a significant expansion of Coinbase’s ambition to become what it has described as an “everything exchange,” where users can manage crypto assets, equities, and now event-linked contracts from a single interface. CoinbasePredict allows traders to take positions on the outcomes of real-world events, including Federal Reserve policy decisions, political elections, major sporting events, and high-profile entertainment releases.
Coinbase Launch CoinbasePredict
At launch, Coinbase is sourcing its prediction markets through Kalshi, a Commodity Futures Trading Commission regulated exchange. The partnership allows Coinbase to offer event-based contracts within a compliant framework,and brought a category long associated with offshore or lightly regulated platforms into a mainstream financial setting.
JUST IN: Coinbase launches @CoinbasePredict on 𝕏.
— Coinbase Predict (@CoinbasePredict) February 2, 2026
Coinbase chief executive Brian Armstrong framed the move as part of a broader effort to consolidate financial decision-making into one platform, where users can express views on the world through capital allocation without navigating regulatory gray areas.
CoinbasePredict is positioned differently from decentralized prediction markets that rely on smart contracts and crypto-native settlement. The platform operates under US regulatory control, with an emphasis on fund segregation, market surveillance, and transparency. All contracts are settled in U.S. dollars or USDC, allowing for fast settlement once outcomes are confirmed.
The attention in the beginning is focused on economic and macro-driven contracts. Among the early offerings is one linked to some choices made by the Federal Reserve – like whether a certain interest rate move is likely once the incoming Fed leadership is in power. Coinbase views these products as products not only for retail traders but also for professional users in search of macro risk exposure.
With it as a real-time proxy of the world market’s optimism the company contends that prediction markets can act as a signal of collective expectations not mere speculation. To help achieve this, Coinbase currently incorporates live news feeds and sentiment indicators directly into the trading interface.
Market-implied probabilities can be mirrored as the most important news emerges along breakthroughs, making the platform a continuous feedback loop between information and price discovery. This strategy, says the company, could make event markets more informative, and less opaque than traditional polling or analyst forecasts.
The rollout is closely tied to Coinbase’s Base App, which serves as the firm’s central hub for trading, payments, and social features. Transactions on CoinbasePredict settle using the Base Layer 2 network, keeping fees low and execution fast. A social layer allows users to follow top-performing predictors and share commentary within community feeds, adding a visibility layer to what has traditionally been a private trading activity.
Coinbase is not alone in targeting this space. Crypto.com announced the launch of its own prediction market platform, OG, on the same day. OG is positioned as a standalone app focused initially on sports outcomes, arriving just days before the Super Bowl. According to the company, the platform will also support prediction contracts tied to financial, political, cultural, and entertainment events.
Crypto.com said OG will operate as a regulated trading venue combined with social features, and plans to offer access to margin-based prediction contracts through its federally licensed futures commission merchant.
The firm called the product the first prediction market platform that supports margin trading, something expected to attract more active traders at the same time it adds higher risk. The two launches, combined, indicate intense competition between major crypto firms to legitimize and scale prediction markets under regulatory control.
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