Coinbase is shopping for The Clearing Company, a startup that focuses on prediction markets, because the crypto change seems to be to broaden its lineup of regulated, onchain merchandise tied to real-world occasions.
The deal comes shortly after Coinbase rolled out prediction markets to its customers, letting them place trades on outcomes like elections, financial knowledge, sports activities, and even cultural moments, all from the identical platform they already use for crypto, derivatives, and shares. Coinbase says the acquisition will assist construct on that launch and scale prediction markets as a part of what it calls its imaginative and prescient for an “All the pieces Trade.”
Coinbase acquires The Clearing Firm because it joins prediction markets competitors
In its press release, Coinbase mentioned the deal is all about “powering the way forward for prediction markets,” declaring how vital it’s to deliver event-based contracts onto the identical platform as extra conventional monetary merchandise. The corporate famous that The Clearing Firm brings hands-on expertise constructing and working prediction markets, which Coinbase believes will assist it develop this class inside a regulated setup.
First we introduced prediction markets on Coinbase.
Now we’re bringing within the specialised expertise to take our plans to the subsequent stage.
Welcome to Coinbase, @theclearingco. pic.twitter.com/KfRZSp9w9j
— Coinbase
(@coinbase) December 22, 2025
The Clearing Firm is led by founder Toni Gemayel, who Coinbase describes as a product and development chief with deep trade expertise. In line with Coinbase, Gemayel and his staff will assist “scale world-class prediction markets buying and selling on Coinbase” and push ahead the corporate’s greater platform targets.
Prediction markets let individuals commerce contracts primarily based on the chance of future occasions. Coinbase mentioned it sees an enormous alternative to supply these markets to tens of millions of customers around the globe, folding them instantly into portfolios that already maintain money, crypto, shares, and derivatives.
Excited to share that @theclearingco is becoming a member of @coinbase! We got down to remodel how individuals interact with prediction makers, and now we’re taking it to the subsequent stage. Extra quickly to return
https://t.co/GG7yVM8Ifz
— Nina Qi (@theninaqi) December 22, 2025
Extra broadly, Coinbase framed the acquisition as one other step towards bringing a number of asset courses collectively in a single place. Nonetheless, the deal nonetheless must clear normal closing situations and is predicted to shut in January. Coinbase additionally identified that listed futures and swaps are provided by means of Coinbase Monetary Markets, which is registered with the US Commodity Futures Buying and selling Fee, whereas spot accounts are held individually by Coinbase, Inc.
The corporate’s CEO, Brian Armstrong, could have by chance highlighted some actual considerations round prediction markets after he rattled off a list of buzzwords that have been reportedly picked primarily based on what customers on prediction market platforms Kalshi and Polymarket had wagered would come up through the name.
Even when it was meant as a joke, the second underscored simply how simple it might be for people to affect the result of what was, on this case, an $84,000 betting market.
Featured picture: Coinbase press launch
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