Crypto exchange Coinbase Global will be announcing the launch of a prediction market, along with tokenized equities, this week. According to Bloomberg, Coinbase will announce the two products at a showcase on December 17.
Coinbase executives have previously disclosed their interest in entering both prediction markets and tokenized equities, with the latter expected to be launched in-house, rather than through partners.
Screenshots have been circulating on the social media network X for several weeks, hinting at a functioning app.
Coinbase has been pushing to become an “everything app,” where users can trade across a range of assets and markets. The introduction of prediction markers and tokenized equities is another step in this direction.
