Coinbase Prediction Markets Go Live in All 50 US States Via Kalshi

Coinbase, the leading US cryptocurrency exchange, has successfully expanded access to its prediction market offerings, now reaching all 50 US states through a strategic partnership with Kalshi, a regulated event contract exchange. This move marks a significant milestone in bringing regulated event-based wagering to the mainstream American audience.

The expansion leverages Kalshi’s status as a Designated Contract Market (DCM) regulated by the Commodity Futures Trading Commission (CFTC). This regulatory framework allows Coinbase to offer prediction contracts to its vast user base across jurisdictions that traditionally hold stringent regulations regarding decentralized or unregulated financial products, including prediction markets.

Prediction markets, which allow users to trade on the outcome of future events—ranging from economic metrics and political results to weather patterns—have historically been controversial in the US regulatory environment. By partnering with Kalshi, Coinbase bypasses the direct regulatory challenges previously faced by crypto platforms attempting to host these services.

Coinbase is integrating Kalshi’s regulated markets directly into its platform interface, ensuring a seamless user experience while maintaining robust compliance standards. This integration effectively democratizes access to sophisticated forecasting tools, allowing everyday users to participate in event contracts previously limited to specialized financial entities or less regulated international platforms.

Industry analysts view this expansion as a major step toward legitimizing prediction markets as a recognized asset class. The move is expected to dramatically increase liquidity and participation, setting a new standard for regulatory compliance in the rapidly evolving intersection of crypto platforms and traditional financial derivatives. This collaboration aims to position event contracts as a standard, fully regulated financial instrument available nationwide.

Source: Coinbase prediction markets go live in all 50 US states via Kalshi