Coinbase is officially entering the prediction market with the launch of CoinbasePredict

BlockBeats News, February 4th, according to official sources, Coinbase has formally expanded its "super app" ecosystem by publicly releasing its fully integrated prediction market platform, "CoinbasePredict," which will initially partner with Kalshi to provide initial underlying market liquidity.

Distinguished from its decentralized competitors by operating within a strict regulatory framework, CoinbasePredict prioritizes transparency, fund segregation, and robust market monitoring. The platform's initial contract products focus on "economic indicators," such as the probability of the newly nominated Federal Reserve Chair Kevin Warsh implementing a 50 basis point rate cut in March.