- Coinbase will unveil prediction markets and tokenized equities at its Dec. 17 showcase.
- Surging tokenized asset volumes are accelerating exchange efforts to expand offerings.
- Competition intensifies as Gemini, Robinhood, and others push deeper into prediction markets.
Coinbase is preparing to announce new prediction markets and tokenized equities next week, according to a person familiar with the matter. The report comes as demand for tokenized financial products grows across global markets. Bloomberg noted that the exchange will reveal the new tools during a showcase event on December 17.
Coinbase Plans a Move Into Prediction Markets and Tokenized Stocks
Bloomberg reported that Coinbase is ready to introduce prediction markets and its own tokenized equity products. Screenshots shared online in recent days show designs for these tools inside the exchange’s app. The company’s spokesperson did not confirm the details but said, “Tune in to our Dec. 17 livestream to see the new products we’re launching.”
The new products follow earlier comments from Coinbase about offering digital stocks and blockchain-based prediction markets. The exchange has been active in settlement partnerships as well. In July, Kalshi selected Coinbase Custody to hold USDC used in its trading system.
The timing also aligns with strong activity in tokenized equities. Data from rwa.xyz shows monthly transfer volumes rising 32% to $1.45 billion. This rise has pushed several exchanges to expand their tokenization efforts.
Growing Competition Across Prediction Market Platforms
Interest in prediction markets has increased across the broader sector. Gemini recently secured CFTC approval to operate a regulated prediction market. The approval places the firm among several platforms seeking entry into this growing field. Robinhood also announced a new futures and derivatives platform through a joint venture.
Crypto.com partnered with Trump Media & Technology Group to support prediction market services. The sector has gained more attention as traders look for ways to access event-based markets. Prediction markets allow users to trade on outcomes in elections, sports, and economic events. The sector has gained more participation this year as financial institutions test new market formats.
Coinbase’s move adds new competition for platforms already working in the space, and it also brings the company closer to its goal of expanding beyond traditional crypto trading. As demand for tokenized assets and event-based markets rises, Coinbase is preparing to enter both areas at once. The December 17 event is expected to mark the company’s next step toward a broader digital asset platform.
