Coinbase (COIN), operator of the largest U.S. crypto exchange, is preparing to launch a prediction market to allow its crypto clients to bet on events such as elections and sports, two people familiar with the matter told The Information. The market will be powered by prediction market company Kalshi and Coinbase, which will be joining “a booming but increasingly crowded field,” is set to share details about its prediction market and other products at a December 17 event, the report noted.
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