Overview
- Coinbase invited users to a livestream on Dec. 17 to detail new prediction markets and tokenized equities, while declining to confirm product specifics.
- Bloomberg reporting says Coinbase plans to issue tokenized stocks in-house, whereas CNBC cites a source saying the prediction market will be powered by Kalshi.
- Leaked app screenshots circulated in recent weeks showed interfaces for event contracts and tokenized equity trading, fueling speculation about the rollout.
- Tokenized equity transfer volume rose about 32% month over month to roughly $1.45 billion, and November prediction‑market volumes were reported near $7.7 billion.
- Competitors have moved early, with Robinhood and Kraken offering tokenized U.S. stocks in select regions and Gemini winning CFTC approval for an event‑contracts venue, while Coinbase has not yet disclosed regional availability.