Coinbase officially enters the prediction market by launching CoinbasePredict, allowing users to make predictions on various future events and earn rewards based on their accuracy. This move marks Coinbase's expansion into new financial services, providing a platform for community engagement and innovative trading options.
ChainCatcher News, according to official sources, Coinbase has officially expanded its “Universal Apps” ecosystem by publicly launching its fully integrated prediction market platform “CoinbasePredict.” Initially, it will collaborate with Kalshi to provide initial underlying market liquidity.
CoinbasePredict differentiates itself from decentralized competitors by operating within a strict regulatory framework that prioritizes transparency, fund segregation, and mature market surveillance. The platform’s initial contract products focus on “economic indicators,” such as the probability of the newly nominated Federal Reserve Chair Kevin Warsh implementing a 50 basis point rate cut in March.
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Coinbase officially enters the prediction market by launching CoinbasePredict, allowing users to make predictions on various future events and earn rewards based on their accuracy. This move marks Coinbase's expansion into new financial services, providing a platform for community engagement and innovative trading options.
ChainCatcher News, according to official sources, Coinbase has officially expanded its “Universal Apps” ecosystem by publicly launching its fully integrated prediction market platform “CoinbasePredict.” Initially, it will collaborate with Kalshi to provide initial underlying market liquidity.
CoinbasePredict differentiates itself from decentralized competitors by operating within a strict regulatory framework that prioritizes transparency, fund segregation, and mature market surveillance. The platform’s initial contract products focus on “economic indicators,” such as the probability of the newly nominated Federal Reserve Chair Kevin Warsh implementing a 50 basis point rate cut in March.