Coinbase is set to launch a new prediction markets platform, leveraging the infrastructure of Kalshi, a U.S. Commodity Futures Trading Commission (CFTC)-regulated exchange. This move signals Coinbase's expansion into event-based trading, allowing users to speculate on the outcomes of real-world events in areas like politics, science, and sports. The platform will be operated through Coinbase's regulated derivatives arm, Coinbase Financial Markets. The new offering will allow users to trade contracts using USDC or U.S. dollars, further integrating Coinbase's stablecoin into its ecosystem. The development comes as the prediction market sector experiences significant growth and increased competition from other major crypto players like Gemini and Crypto.com. This strategic partnership aims to bring event-based trading into the financial mainstream under a regulated framework.