Coinbase prediction markets go live in all 50 US states via Kalshi

Coinbase has made its prediction markets available nationwide across all 50 U.S. states, expanding from an earlier limited rollout. These markets, powered by the CFTC-regulated platform Kalshi at launch, allow users to trade contracts based on the probability of real-world outcomes in areas like politics, sports, and economics. Users can manage these positions alongside their existing crypto and cash balances with minimum trades starting at $1. This expansion aligns with Coinbase's broader strategy to become an "everything exchange" and follows a recent surge in interest and volume across the prediction market sector, with firms like CME Group, Robinhood, and Webull also entering the space. Coinbase recently bolstered this effort by acquiring prediction markets startup The Clearing Company.

(Source：The Block)