In the grand and most delightful world of commerce and speculation, our dear Coinbase, the unrivalled monarch of American exchanges, is plotting an expansion most daring. Rumour whispers that prediction markets and tokenized stocks shall soon adorn their halls, whilst the esteemed Gemini has obtained the sacred nod of regulatory approval. Oh, the excitement! 🎩💰
Meanwhile, the noble Kalshi and the illustrious Crypto.com have formed a formidable alliance, akin to the proudest noble houses. Changpeng Zhao, a gentleman of great ambition, is aiming to allure 220 million fair patrons through his BNB Chain-truly, a battle for the heavens in the realm of the \$15 billion prediction market has commenced with all the pomp and circumstance one might expect.
Coinbase Unveils Its Masterstroke in “Everything App” Gambit
It has been proclaimed that Coinbase intends to make an illustrious proclamation on December 17, revealing new ventures into prediction markets and tokenized equities, crafted purely in their own workshop-no foreign partners are to be involved, much to the chagrin of rivals. The anticipation is quite unbearable! 🎭
📢 JUST IN: $COIN Coinbase to Launch Prediction Markets & Tokenized Stocks – Bloomberg
– Hardik Shah (@AIStockSavvy) December 11, 2025
Though our dear Coinbase has long been desirous of such ventures, official pronouncements had remained elusive-until social circles buzzed with glimpses of what might be. Their spokesperson, oh so mysterious, declined to reveal details but promised: “Tune in to the livestream on Dec. 17 to find out what new treasures Coinbase is shipping.” Such suspense! 🍿
This manoeuvre is but part of Coinbase’s grand ‘everything app’ strategy, aiming to be a veritable marketplace of assets, rivaling the diversifications of other spirited competitors. Robinhood has already launched prediction options earlier in the year, and both Robinhood and Kraken now offer tokenized US stocks and ETFs beyond our borders-what a thrill! 📈
Tokenized equities, it seems, are quite the hot commodity-growing faster than a blooming rose-transferring $1.45 billion a month, according to rwa.xyz, a number enough to make any banker drool.
The Alliance of Prediction Markets: “A Strong United Front”
On the same day, the noble Kalshi and Crypto.com announced the formation of the Coalition for Prediction Markets (CPM), a league of esteemed prediction market operators-think of it as the noble court of market wizards. Coinbase, Robinhood, and the illustrious Underdog have pledged their allegiance as founding members.
Lord Matt David, a man of high standing in the coalition, declared: “The United States is the grandest theatre for prediction markets, and only by speaking with one voice can we hope to dominate the stage.” 🗣️
This body shall strive to uphold federal standards, prevent the treacherous insider trading, and resist the overreach of provincial authorities-truly, a noble cause to preserve the integrity of our markets!
Madam Sara Slane, of Kalshi’s noble house, added with fervour: “Years of toil with the CFTC have shown us that prediction markets must be girded with ironclad safeguards-otherwise, the very foundation of fairness crumbles.” More companies are whispered to be contemplating joining this illustrious cause.
Gemini Achieves a Victory, Shares Skyrocket 28%
The twin brothers of finance, the Winklevoss, have made a daring move by securing the esteemed CFTC approval for their Gemini space station-oh, what a conquest! 🚀 Their new derivatives exchange now permits their loyal American followers to trade on events ranging from politics to sports and beyond.
This bold step has sent Gemini’s shares soaring-an impressive 28%, no less-resulting in a frenzy of speculation and excitement. The approval, granted under the watchful eye of the formidable Acting Chairwoman Caroline Pham, marks a new dawn for the firm-she, a true champion of the crypto realm! 🏛️
In fact, Mr. Tyler Winklevoss shall serve on the agency’s CEO Innovation Council, mingling with luminaries such as Shayne Coplan, Terry Duffy, and Tarek Mansour-such a gathering of great minds!
Zhao’s March Towards the Prediction Throne
Changpeng Zhao, known and feared as CZ, marches valiantly into the fray. A recent post on X heralded a new prediction platform on BNB Chain, where user funds could not only wait but also generate yield-what a delightful twist! 💸
Trust Wallet, another of CZ’s creations, recently launched its Predictions feature, drawing in a formidable army of 220 million users. Partnering with Myriad, they now allow bets on politics, sports, and market trends-all within the comfort of an app.
BNB Chain’s previous leap into Polymarket, and the launch of Opinion Labs’ mainnet-backed by a multi-million dollar investment-show that CZ’s ambitions are only growing. The game, it seems, has only just begun.
Trump Enters the Arena with “Truth Predict”
Even the former president, Donald Trump, is not to be left behind. His media empire plans to launch “Truth Predict” on their beloved Truth Social platform-a daring venture into political betting, commodities, and sports. Truly, no one shall escape the thrill of wagering! 🗳️
Devin Nunes, the boss of Trump Media, boldly declared: “For too long, the elites have controlled these markets. With Truth Predict, we intend to give the common American a voice-democratizing the game, so to speak.”
The War for the $15 Billion Crown
Since the court dismissed the prohibition on election betting, markets have exploded, surpassing even the fervour of last year’s elections. Investor confidence inflates like a balloon-Kalshi’s valuation has doubled, now standing at \$11 billion; Polymarket dreams of reaching \$15 billion. 💥
Traditional giants like CME and ICE ponder entry, but regulatory uncertainty clouds the horizon. Lawsuits bubble like soda-Kalshi’s battle with New York’s regulators is but one of many. In nearly a dozen states, the play for prediction markets remains an illicit game, cloaked in legal shadows.
And so, dear reader, the game of thrones for the grand \$15 billion awaits its next twist. Who shall reign supreme? Only time will tell, but one thing is certain: the competition is fierce, and the stakes are high-nothing less than the future of markets itself! 🎲
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2025-12-12 03:33