prediction market

.Coinbase will launch an in‑house prediction‑market platform powered by Kalshi, announced at its Dec. 17 “Coinbase System Update.” The partnership, non‑exclusive but sole at launch, aims to broaden Coinbase’s product suite amid waning crypto sentiment and competition from Robinhood, Gemini and Kraken. Integrating Kalshi’s hybrid on‑chain/off‑chain contracts offers high‑margin revenue and regulatory compliance via Kalshi’s CFTC‑registered status. Success depends on robust technology, regulatory navigation, and user demand for diversified assets such as tokenized equities and event‑based contracts.

words.Kalshi has launched tokenized versions of its event contracts on the Solana blockchain, creating a hybrid market that links its regulated off‑chain order book to Solana’s liquidity pools via DFlow and Jupiter. Leveraging Solana’s low‑cost, high‑throughput network, Kalshi aims to attract crypto “power users” and capture part of the $3 trillion digital‑asset ecosystem. The move follows $300 million in funding at a $5 billion valuation and comes amid surging prediction‑market activity ($28 billion sector volume) and rising competition from rivals like Polymarket.