Coinbase prediction markets are now available across all 50 US states via Kalshi.

Coinbase announced that its Prediction Markets, in partnership with Kalshi, are now officially available to users in all 50 states of the US, marking the product's nationwide rollout from its limited testing phase. The service allows users to trade on the outcomes of real-world events, including political, sports, entertainment, cultural, and macroeconomic indicators. Coinbase stated that all prediction market contracts are currently provided by Kalshi, a compliant prediction market platform regulated by the Commodity Futures Trading Commission (CFTC), and more platforms may be added in the coming months. Prediction market contract prices reflect the market's collective probability assessment of event outcomes. Users can manage these trades within the same Coinbase interface, alongside their crypto, stock, and cash positions, with a minimum trade size of $1 (USD or USDC). This full launch comes at a time of rapid growth in the popularity of prediction markets. Data shows that Polymarket and Kalshi's combined trading volume reached tens of billions of dollars last year and is expected to reach a new high this month; traditional financial and trading platforms, including CME Group, Robinhood, and Webull, have also entered the market, and institutions such as Goldman Sachs are also evaluating related plans.