@eradefi
Crypto's next big use isn't a new coin—it's trading on real-world events. And Coinbase is leading the charge.
This is more than just gambling. Prediction markets let you trade "Yes" or "No" on events like inflation reports or elections. It's a tool for hedging and insight.
Coinbase's Move: Integrated with regulated leader Kalshi to bring event contracts directly into their app. Buy Yes/No positions; if you're correct, it pays out in USD or USDC.
The Long Game: Building on that, Coinbase entered an agreement to acquire The Clearing Company — tech and expertise to scale their own prediction market infrastructure. This enables greater control, scalability, and deeper platform integration.
Why it matters: It diversifies Coinbase's revenue beyond volatile trading fees and transforms it into a broader financial hub. A smart bet on crypto's utility.
More details here: https://paragraph.com/@[email protected]/prediction-markets-on-coinbase
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