Coinbase’s Bold Guesses & Predictions: Are They Turning Into the World’s Biggest Crystal Ball? đŸŽ±đŸ€”

by

Well now, here’s a spectacle worth a chuckle or two. A fancy tech researcher by the name of Jane Manchun Wong, with all the seriousness of a cat in a henhouse, hints that Coinbase-yes, that big ol’ American crypto exchange-might just be dabbling in the art of prediction markets. Screenshot of Coinbase Prediction Market Either that, or she’s got too much time on her hands, and a penchant for stirring the pot with her pictures on X (formerly Twitter, but who’s counting?).

She’s got some screenshots to back her fancy theories, showing a project that’d make fortune tellers jealous – and it’s all backed by Kalshi, a company that just raked in a hefty $300 million from some investors with more money than sense. I’d wager they’re hoping to turn prediction bets into the new gold rush.

Is Coinbase Finally Turning to an Everything Exchange?

Now, according to Miss Wong, Coinbase is cooking up a prediction markets website that might just make Wall Street look like a poker game. The evidence? A couple of screenshots of what looks like a fancy prediction platform plastered with Coinbase’s logo-like a bakery slapping their name on someone else’s cake.Screenshot of Coinbase Prediction Market Interface

And wouldn’t you know it, Coinbase’s brainy derivatives arm, Coinbase Financial Markets, is supposedly steering this ship, through their friends over at Kalshi. They even have a FAQ and a branded guide-probably to keep folks from getting lost in the betting maze, or so they hope.

Now, they ain’t officially announced it yet-probably waiting for the fog to clear-but Coinbase did spill some tea to CNBC back in the day about launching a prediction market, teasing folks like it’s a surprise birthday party. Back in July, the boss man Brian Armstrong spoke about being an “everything exchange,” which sounds about as sensible as a pig in a boutonniĂšre.

Way back in 2024, Coinbase was busy poking the bear known as the CFTC-fighting over what counts as a game of chance versus a contract for difference. Their big legal letter painted the CFTC’s definitions about as clearly as mud pies-something about unfair rules and vague language, if you’re curious.

And it turns out Coinbase and Kalshi have already shaken hands-signing up as partners and co-conspirators in this grand scheme. Coinbase even guards Kalshi’s USDC-based bets like a mama bear protects her cubs.

Other Bits & Bobs Shaking Coinbase’s Tree

Meanwhile, the bigwigs at Coinbase are busy packing their bags and moving from Delaware to Texas-probably to enjoy the sunshine and friendlier crypto laws. They filed the papers on November 12, with most shareholders (about 78.4%) giving the thumbs up.

Not to mention, they scooped up Echo, a platform that helps folks raise capital on-chain, in October. Looks like Coinbase’s idea is to make raising dough as easy as pie-well, easier than herding cats.

In the end, it seems Coinbase is aiming to turn the crypto world into a transparent, accessible gambling den-or maybe just a place for companies to get money without all the fuss. Either way, it’s a wild ride, and this prediction market thing? It might just be the latest shiny penny in their pocket.

Read More

2025-11-19 17:26