Overview
- Images shared by tech researcher Jane Manchun Wong show a Coinbase-branded site for event contracts with categories including economics, politics, sports, science, and technology.
- The screenshots indicate the service would be offered by Coinbase Financial Markets “through Kalshi,” pointing to reliance on Kalshi’s regulatory framework.
- The interface shown appears to support trading with USDC or U.S. dollars, along with FAQ and onboarding pages.
- Coinbase already serves as custodian for Kalshi’s USDC reserves under a previously announced arrangement, providing segregated storage and institutional safeguards.
- Rival exchanges are moving into the space, with Gemini pursuing CFTC designated contract market approval and Crypto.com launching a product in partnership with Trump Media, while Coinbase separately rolled out a USDC-focused business platform in Singapore.