Tech sleuth Jane Manchun Wong says Coinbase is secretly building its own prediction markets website. Yep that’s right!
Wong did not mince words nor hesitate to share screenshots that appear to confirm Coinbase is actively developing a full-fledged prediction markets website in partnership with leading platform Kalshi.
Inside Coinbase’s Upcoming Prediction Markets Website
The leaked images reveal a sleek, Coinbase-branded interface that looks ready for prime time. One key screenshot explicitly states the website will be “offered by Coinbase Financial Markets through the prediction market Kalshi,” confirming the exchange’s derivatives arm is teaming up with the CFTC-regulated giant.
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Users will reportedly fund bets using USDC or traditional USD, with markets spanning politics, economics, sports, science, and technology and the platform promises to roll out fresh events regularly, becoming a strong in the event prediction scope.
This move aligns perfectly with Coinbase’s July announcement that it aims to become an “everything exchange,” including regulated derivatives and prediction contracts.
Coinbase and Kalshi officially partnered on November 13, with Coinbase serving as custodian for Kalshi’s USDC-based event contracts.
Wong, famous for reverse-engineering unreleased features on platforms like Instagram, Facebook, and X, uncovered the prediction markets website by digging into Coinbase’s public code. Now this is a reminder that in crypto, nothing stays hidden for long.
Prediction markets have become the hottest trend in crypto this year, with trading volume skyrocketing on platforms like Polymarket and Kalshi as users bet on everything from election outcomes to sports to cultural moments.
Coinbase isn’t alone in the race. Crypto.com recently launched its own prediction markets offering while Gemini filed last week to become a CFTC-designated contract market so it can roll out its planned prediction markets website.
