Coinbase has expanded its prediction markets feature to users across all 50 U.S. states, giving customers nationwide access to event-based trading within its app.
The company confirmed the rollout on Jan. 28, following an initial December launch that was limited to select users.
How the feature works
The feature is built in partnership with Kalshi, a U.S.-regulated prediction market platform. It allows users to trade simple yes-or-no contracts tied to real-world events, including sports, politics, entertainment, and major economic developments such as Federal Reserve decisions.
Contract prices fluctuate based on supply and demand, reflecting how participants collectively price the probability of a given outcome. Trades can be placed using USD or USD Coin (USDC), with low minimum amounts designed to keep participation accessible.
At launch, all contracts and liquidity are supplied by Kalshi. Coinbase has said it intends to support additional providers over time. The markets are integrated alongside existing crypto and cash features, allowing users to access them without leaving the main Coinbase interface.
Out: Odds set by the house.
— Coinbase 🛡️ (@coinbase) January 28, 2026
In: Price set by the crowd.
Now there's a new way to trade your takes.
Prediction markets are live in all 50 states on Coinbase.
Trade any real-world outcomes across sports, politics, culture and more. pic.twitter.com/CIjz9T9pjX
Coinbase Official X Announcement.
Regulated prediction markets gain wider access
The nationwide expansion comes as regulated prediction markets continue to attract attention in the U.S., offering a compliant alternative to offshore or decentralized platforms that operate outside domestic regulatory frameworks.
Kalshi has faced legal challenges in some states, particularly around sports-related contracts, but it has continued to expand distribution through partnerships with established platforms. Coinbase framed the integration as part of its broader effort to offer a wider range of financial products within a regulated environment.
By placing prediction markets alongside crypto trading and cash services, Coinbase is expanding the scope of activities available in its app while keeping the feature set within U.S. regulatory boundaries.
Gunel Ismayilova
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