@indozone
Coinbase just announced it is acquiring prediction markets startup The Clearing Company to double down on its newly launched prediction markets and expand how users trade contracts tied to real world events and outcomes. This move reinforces Coinbase’s shift toward becoming a full financial platform where crypto trading, stocks, and event markets live under one roof.
This kind of strategic expansion could deepen engagement and bring new user segments into onchain markets as people look for diverse ways to express views on elections, sports, and economics inside a familiar app.