Coinbase is Acquiring The Clearing Company.

Coinbase is Focusing on Prediction Markets

Coinbase is acquiring a venture called The Clearing Company to enhance its newly introduced platform. This agreement indicates that Coinbase aims to grow in the prediction markets.

The Clearing Company brings a team experienced in establishing event-based trading systems. This team consists of experts from leading companies in the field like Polymarket and Kalshi.

Coinbase is solidifying its plans to become the "Exchange for Everything" with this acquisition. The goal is to offer users various trading options such as new cryptocurrencies, perpetual futures, stocks, and prediction markets.