Coinbase is Acquiring The Clearing Company.

Coinbase Focuses on Prediction Markets

Coinbase is acquiring a venture called The Clearing Company to enhance its newly introduced platform. This deal is an indication of Coinbase’s aim to grow in the prediction markets.

The Clearing Company brings a team experienced in setting up event-based trading systems. This team consists of experts from leading companies such as Polymarket and Kalshi.

Coinbase is solidifying its plans to become the "Exchange of Everything" with this acquisition. The goal is to offer users a variety of trading options, including new cryptocurrencies, perpetual futures, stocks, and prediction markets.