Coinbase Prediction Markets Now Available in All 50 US States via Kalshi Partnership

Odaily News Coinbase announced that its Prediction Markets are now officially available to users across all 50 US states through a partnership with Kalshi, marking the product's transition from a limited testing phase to nationwide full-scale deployment.

The service allows users to trade on the outcomes of real-world events such as politics, sports, entertainment, culture, and macroeconomic indicators. Coinbase stated that all prediction market contracts are currently provided by Kalshi, a CFTC-regulated compliant prediction market platform, and contracts from more platforms may be integrated in the coming months.

The price of a prediction market contract reflects the market's collective probabilistic judgment on an event's outcome. Users can manage related trades within the same Coinbase interface alongside crypto assets, stocks, and cash positions, with a minimum trade amount of $1 (USD or USDC).

This nationwide launch coincides with a rapid surge in the popularity of prediction markets. Data shows that the combined trading volume of Polymarket and Kalshi reached tens of billions of dollars last year and is expected to hit new highs this month. Traditional financial and trading platforms, including CME Group, Robinhood, and Webull, have also entered the space, while institutions like Goldman Sachs are evaluating related strategies.