Coinbase Global Inc. (NASDAQ:COIN) CEO Brian Armstrong said Thursday that the company has the ability to launch its own prediction market business, beyond serving as a retail distributor for platforms like Kalshi.
‘Keeping All Options Open’
During the company’s earnings call for the fourth quarter of 2025, Armstrong was asked whether the cryptocurrency giant has plans to build its own prediction market venue.
“It’s not an exclusive arrangement,” he said, referring to the partnership with Kalshi. “We also have the ability to launch our own markets. Nothing to announce on that at the moment. But, you know, we’re keeping all options open.”
Prediction Markets Explode During Super Bowl LX
Coinbase rolled out the prediction market service in all 50 states last month, just in time for Super Bowl LX.
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