Coinbase Expands Prediction Markets to All 50 U.S. States
Coinbase has expanded access to its prediction markets feature to users in all 50 U.S. states, giving customers nationwide access to event-based trading directly within the Coinbase app.
The company confirmed the rollout on Jan. 28, following an initial launch in December that was limited to a smaller group of users. The feature is powered by Kalshi, a U.S.-regulated prediction market platform.
Nationwide access under U.S. regulation
Through the integration, Coinbase users can trade simple yes-or-no contracts tied to real-world events, including sports, politics, entertainment, and major economic developments such as Federal Reserve policy decisions.
Contract prices fluctuate based on supply and demand, reflecting the market’s collective assessment of the likelihood of a given outcome. Trades can be placed with low minimum amounts using either U.S. dollars or USDC, and all contracts and liquidity are currently provided by Kalshi.
The markets appear alongside Coinbase’s existing crypto and cash features, allowing users to trade predictions without leaving the app.
Regulated prediction markets gain broader reach
The expansion comes as prediction markets gain momentum in the U.S., driven by demand for crowd-sourced forecasting tools tied to major events. Regulated platforms like Kalshi have increasingly been viewed as a compliant alternative to offshore or decentralized prediction markets that operate outside U.S. oversight.
Coinbase positioned the move as part of its broader effort to evolve into an all-in-one financial platform, expanding beyond traditional crypto trading while staying within domestic regulatory boundaries.
While Kalshi has faced legal challenges in certain states over sports-related contracts, it has continued to secure partnerships with major platforms. Coinbase’s nationwide rollout signals growing confidence in regulated prediction markets and their gradual integration into mainstream financial services.
