
The leaked screenshots hint at both event-based and stock trading.
Leaked screenshots suggest one of the largest US crypto exchanges, Coinbase, is working on its own prediction markets in partnership with regulated prediction market company KalshiEX LLC, but the publicly available information quickly disappeared after disclosure.
The screenshots, shared by software engineer and tech blogger Jane Manchun Wong, revealed Coinbase’s “Prediction Markets” interface, which features price charts, event-based markets, and educational guides on how prediction trading works.
One screenshot included a disclosure stating that “Prediction markets are offered by Coinbase Financial Markets through KalshiEX LLC,” implying that Coinbase plans to integrate Kalshi’s regulated infrastructure.
Wong also shared images hinting at a potential stock and ETF trading feature, signaling a broader expansion beyond the company’s core crypto offerings.
Coinbase appears to have removed public access to its prediction market pages after a series of leaked screenshots suggested upcoming features. Wong noted that Coinbase Predictions is no longer publicly accessible following her “initial scoop about their upcoming feature.” The previously accessible prediction market pages reportedly displayed only blank content.
Coinbase has not commented directly on the leak. However, the exchange plans to host its System Update livestream on December 17, which is expected to mark a new era for Coinbase and include key business updates.
Why This Matters
Coinbase’s prediction markets would signal a strategic shift toward regulated, mainstream financial services. A potential Kalshi integration could let it compete with platforms like Polymarket, using its user base and custody infrastructure to enter event-based trading.
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