Researcher Claims Coinbase Developing Kalshi Powered Prediction Market

Crypto exchange Coinbase is working on creating a website for a prediction markets platform, which screenshots show will be backed by Kalshi.

Jane Manchun Wong, a tech researcher and blogger known for discovering in-development features on Big Tech sites, posted to X on Tuesday that Coinbase is “working on a prediction market,” and shared multiple screenshots apparently showing the platform.

In one screenshot, it states that the prediction market is offered by Coinbase Financial Markets, the derivatives arm of Coinbase Global, through the…