Coinbase is moving fast to turn itself into a one-stop trading platform.
Just days after giving users access to prediction markets inside its app, Coinbase announced it is buying The Clearing Company, a startup focused on event-based trading. The company is led by founder Toni Gemayel and a team Coinbase describes as “prediction market veterans.”
The price of the deal was not shared.
In a blog post, Max Branzburg, Coinbase’s Head of Consumer and Business Products, said the acquisition builds on recent momentum and pushes Coinbase closer to its bigger goal — creating what it calls the “Everything Exchange.”
That vision is simple: one place where users can trade crypto, cash, stocks, derivatives, and real-world event contracts side by side.
Prediction markets let people trade on outcomes tied to things like elections, inflation data, sports, and major news events. Platforms like Polymarket and Kalshi have grown fast, and Coinbase clearly wants a bigger piece of that demand — but within a regulated and familiar trading environment.
Coinbase says bringing in The Clearing Company’s team will help it scale prediction market trading, improve the product, and integrate event-based contracts more deeply into its platform over time.
The move also fits into a larger buying spree.
Earlier this year, Coinbase acquired Deribit, a major crypto options exchange, along with Vector, a decentralized trading platform, Echo for onchain fundraising, and the Iron Fish team for privacy technology.
The message is clear: Coinbase doesn’t just want to be a crypto exchange anymore. It wants to be the place where everything gets traded.
