Compass Investments

Coinbase has opened its own prediction platform for users across all 50 states in America.

customers can transact using US dollars or USDC from their Coinbase accounts.

This platform is powered by Kalshi and will be available almost around the clock.

publicly traded US crypto exchange Coinbase on Wednesday continued its expansion beyond cryptocurrency trading by officially launching its prediction markets product for US customers in all 50 states.

These markets allow people to test their knowledge of sports, culture, politics and crypto assets using the already established market infrastructure and contracts offered by the top prediction markets platform, Kalshi.

“Prediction markets are the highest form of truth-seeking, Coinbase CEO Brian Armstrong wrote on Platform X. “When someone is involved in the process, the results are much more reliable. Anything else is someone else’s bias. I think in the future, prediction markets will be remembered as a breakthrough in the way we learn about the world. Issue: A factor set by the organizer.

Entry: The price determined by majority opinion.

ow there’s a new way to trade on your knowledge.

Prediction markets are available in all 50 states through Coinbase.

Coinbase users can fund predictions using fiat funds or Circle dollar-backed USDC steblecoins held in their current exchange accounts. All Kalshi contracts are available through Coinbase, said Tony Gemayel, head of prediction markets at Coinbase, adding that the company will closely monitor user feedback.

{We’re measuring success on a number of parameters, he told Decrypt.

Transaction volume will be a good indicator of overall user interest, but we’re also interested in how exactly they leverage the prediction markets. We believe this is a chance for traders to hedge risk in a way that was previously unavailable to them. Our goal is to offer an expanded list of contracts and understand how our users evaluate them.

The company first announced its intentions to enter the growing prediction market sector in December, after trading volumes on Kalshi and Polymarket skyrocketed in the fall, eventually reaching billions of dollars weekly.

Kalshi and Polymarket raised over $2.3 billion in the final months of 2025, quickly growing their capitalizations to over $11 billion and $9 billion respectively.

House of Representatives member Ritchie Torres (Democrat from New York State) and 30 of his colleagues, including former House Speaker Nancy Pelosi (Democrat from California), are in favor of limiting government employees’ access to prediction markets. On Friday morning, lawmakers introduced a fresh bill called the Financial Forecasting Market Integrity Act of 2026. This act would prohibit lawmakers and their staff from participating in the prediction markets. As part of this bill, this includes all federal elected officials…