Coinbase to Add Prediction Market Ahead of Major Dec. 17 Event
Analysis
Price Impact
HighCoinbase's expansion into regulated prediction markets and tokenized equities represents a significant strategic shift, transforming it into a multi-asset financial marketplace. this move could attract a wider user base, diversify revenue streams, and strengthen its position in the broader financial landscape.
Trustworthiness
HighThe news comes from u.today, a reputable crypto news source, detailing coinbase's stated plans for its 'system update' event on dec 17, including a partnership with cftc-regulated kalshi, which adds significant credibility.
Price Direction
BullishThe introduction of new, regulated products like prediction markets and tokenized stock offerings is expected to enhance coinbase's appeal, attract new users, and increase overall platform activity and revenue, leading to a bullish outlook for the exchange's valuation.
Time Effect
LongWhile the dec 17 announcement may generate short-term interest and price movements, the strategic shift towards becoming a multi-asset financial marketplace with regulated offerings provides a long-term growth trajectory and value proposition for coinbase.
Original Article:
Article Content:
Cover image via U.Today Read U.TODAY on Google News As Coinbase prepares to expand its suite of products ahead of the upcoming “Coinbase System Update,” it is planning to launch a prediction market on its platform. Advertisement While this aligns with Coinbase’s mission to efficiently serve its customers, it is planning to add the new product in collaboration with Kalshi, a CFTC regulated exchange and prediction market that allows users to trade on the outcome of real-world events. Coinbase prepares for major event Dec. 17 While the new feature is yet to be fully confirmed by the exchange, it will be powered by Kalshi as it is expected to be unveiled as early as next week. HOT Stories Crypto Market Prediction: XRP's Engines Are Hot Enough for a Rally, Ethereum (ETH): One More Price Surge Attempt, Shiba Inu (SHIB) Does Not Want to Stop at $0.000008 Important Date for XRP Holders Revealed, Bitcoin OG Bets $392 Million on Ethereum, Dogecoin Jumps 61% in Volume — Crypto News Digest Ripple CEO Reacts to Bank Charter Approval, Slams Banking Lobby BREAKING: Tether Announces Proposal to Acquire Juventus While the partnership is described as non-exclusive, Kalshi will reportedly serve as the sole prediction market operator integrated into Coinbase’s platform. Advertisement While Coinbase has promised to unpack exclusive new features during its upcoming “Coinbase System Update” event scheduled for Dec. 17, it appears that the feature will be officially announced during the event. At the “Coinbase System Update,” the exchange is expected to unveil its newly proposed features, including its plans for tokenized stock offerings. You Might Also Like Sat, 12/13/2025 - 09:35 2026 Coinbase Crypto Prediction: Here Are Key Factors That Will Define Market By Tomiwabold Olajide Advertisement Notably, the potential update aligns with Coinbase’s broader strategy to turn its platform into a multi-asset financial marketplace rather than only a crypto exchange. With the new prediction markets feature, Coinbase will be able to allow users to trade contracts related to real-world events, ranging from economic data releases to political outcomes. While it is partnering with Kalshi, which operates under U.S. regulatory oversight, Coinbase will be able to offer the products within a compliant framework. Nonetheless, Coinbase’s decision to expand into prediction markets and tokenized equities will help the exchange attract a wider audience and expand its growing user base. #Coinbase #CFTC