Coinbase Plans to Launch a Prediction Market Based on Kalshi

Prediction Markets have become one of the hottest narratives in the cryptocurrency industry. Every major blockchain and leading exchange is eager to capture a share of this market, as the trading volumes on prediction platforms are simply colossal. According to analysts, from January to October 2025, the total trading volume on prediction markets exceeded $27.9 billion, with over $18.4 billion attributed to the market leader Polymarket. In the third quarter of 2025, trading volumes grew more than fivefold compared to the previous year, reaching over $3 billion. Platforms like Polymarket and Kalshi are showing explosive growth, especially during key events such as elections or economic forecasts, where weekly volumes can exceed $2.34 billion. It's no surprise that giants like Coinbase don't want to stay on the sidelines: they are closely watching Polymarket's success and aiming to create their own solutions to attract traders.

Coinbase, the largest cryptocurrency exchange in the US, is preparing to launch its own prediction market based on Kalshi. According to sources close to the matter, this is reported by CNBC. The partnership announcement could happen as early as next week, and it will be part of Coinbase's strategy to expand its asset offerings on the platform. Kalshi, as a US-regulated platform for event betting, will provide the technical foundation, allowing Coinbase users to trade contracts predicting outcomes in politics, economics, and other areas.

This move underscores the growing integration of prediction markets into the crypto ecosystem. Polymarket, which operates on blockchain and uses cryptocurrency for betting, has already proven the model's effectiveness: its volumes skyrocketed from $9 billion in 2024 to record levels in 2025, attracting attention from investors on Wall Street and in Silicon Valley. Inspired by this success, Coinbase aims to combine traditional financial instruments with crypto, potentially offering tokenized stocks alongside prediction markets.

Although the market faces challenges such as regulatory issues from the CFTC and studies on forecast accuracy (for example, Polymarket has been less accurate in some predictions compared to competitors), the overall trend points to further growth. Analysts predict that by the end of 2025, volumes could double, making prediction markets a key direction for blockchain projects and exchanges. With its powerful infrastructure, Coinbase could become a serious player in this arena, offering users new opportunities for risk hedging and speculation.