Odaily Odaily reports that Coinbase has announced that its Prediction Markets, in partnership with Kalshi, are now officially available to users in all 50 states of the United States, marking the product's transition from a limited testing phase to a nationwide rollout.
The service allows users to trade on the outcomes of real-world events such as politics, sports, entertainment, culture, and macroeconomic indicators. Coinbase stated that all prediction market contracts are currently provided by Kalshi, a compliant prediction market platform regulated by the U.S. Commodity Futures Trading Commission (CFTC), and more platforms' contracts may be added in the coming months.
Predicting market contract prices reflects the market's collective probability judgment on the outcome of events. Users can manage related transactions together with crypto assets, stocks, and cash positions in the same interface on Coinbase, with a minimum transaction amount of $1 (USD or USDC).
This full launch comes at a time when the market for predictions is rapidly gaining momentum. Data shows that Polymarket and Kalshi's combined trading volume reached tens of billions of dollars last year and is expected to reach a new high this month; traditional financial and trading platforms, including CME Group, Robinhood, and Webull, have also entered the market, and institutions such as Goldman Sachs are also evaluating related strategies.
