Investors reacted positively to the news, sending Coinbase stock up by 1.13%. The Clearing Company’s technology is expected to integrate these features, supporting both regulatory compliance and operational scalability. Platforms must maintain full audit trails and implement role-based workflows to handle disputes efficiently. Without active DCO registration, firms cannot internally clear CFTC-regulated derivatives, which makes the timing and approval of The Clearing Company’s application essential.

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• By following this comprehensive guide and adhering to security best practices, you can ensure a secure and successful experience on the platform.
• On Wednesday, the company announced customers will now be able to trade stocks on its platform, and also place bets on a wide range of events through a partnership with prediction market startup Kalshi.
• The moves signal that Coinbase is moving beyond its longtime roots as a cryptocurrency company, and are likely to intensify its rivalry with fintech firms like Robinhood.
• Coinbase is acquiring The Clearing Company, a prediction markets startup that just raised a $15M seed round backed by Coinbase Ventures.
• Notably, the company did not announce a release date for its own cryptocurrency token, which executives have teased in recent months, but without providing additional details beyond saying they want to ensure any token launch takes place in a fair manner.

Notably, the company did not announce a release date for its own cryptocurrency token, which executives have teased in recent months, but without providing additional details beyond saying they want to ensure any token launch takes place in a fair manner. The moves signal that Coinbase is moving beyond its longtime roots as a cryptocurrency company, and are likely to intensify its rivalry with fintech firms like Robinhood. Coinbase, a leading cryptocurrency exchange platform, provides a user-friendly interface and robust infrastructure for buying, selling, and managing digital assets. He has over five years of experience analyzing https://dreamlinetrading.com/ derivative markets, FinTech, research, and Decentralized Finance. Discover top-performing stocks in AI, Crypto, and Technology with expert analysis.

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Additionally, compliance tools that validate geolocation and track multi-source data will become vital. The acquisition positions Coinbase to leverage authoritative data sources and robust resolution frameworks, ensuring user trust and market transparency. Platforms like Polymarket have shown how decentralized finance protocols, such as UMA’s Optimistic Oracle, rely on structured mechanisms to verify outcomes. The Clearing Company, founded and led by Toni Gemayel, previously head of growth at prediction market Kalshi, brings significant expertise to Coinbase’s growing platform.

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The outcome will shape the viability and value of Coinbase’s new event-trading offerings, especially as firms navigate the regulatory nuances of classifying and trading event-based contracts. While the financial terms of the deal were not disclosed, the acquisition signals Coinbase’s intent to strengthen its foothold in regulated event trading. For its prediction markets offering, Coinbase will source its order flow from Kalshi, which is the same model used by Robinhood. Early next year, Coinbase plans to roll out perpetual futures for stocks—a type of derivative pioneered by the crypto industry that lets traders hold options that do not expire.

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By following this comprehensive guide and adhering to security best practices, you can ensure a secure and successful experience on the platform. This article provides a comprehensive, technically-focused guide to creating a Coinbase account.

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Stocks and prediction markets have the potential to offer Coinbase significant new revenue streams, and further the company’s long-stated goal of diversifying its business xcritical cheating beyond crypto trading. Industry observers note that as regulated event markets grow, there will be increasing opportunities for data providers and compliance vendors. Market participants appear encouraged by the company’s strategic expansion into regulated prediction markets, a sector that is seeing increased attention from both retail and institutional players. On Wednesday, the company announced customers will now be able to trade stocks on its platform, and also place bets on a wide range of events through a partnership with prediction market startup Kalshi. Creating a Coinbase account is the first step towards participating in the cryptocurrency market. As prediction markets expand, the need for clear and auditable resolution data becomes increasingly critical.

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The app, which debuted this summer, aims to let ordinary people launch financial and creative products on the company’s xcritical and earn a share of the revenue they create. In practical terms, this entails acting as a distribution platform for the startup, which has grown exponentially this year by offering a new form of betting that invites users to wager against one another on the outcome of events ranging from elections to interest rate cuts to sports games. Tokenized stock offerings are still at a preliminary stage, but are expected to gain traction rapidly, which could play to Coinbase’s strengths given the firm’s longtime crypto expertise.

• This article provides a comprehensive, technically-focused guide to creating a Coinbase account.
• Tokenized stock offerings are still at a preliminary stage, but are expected to gain traction rapidly, which could play to Coinbase’s strengths given the firm’s longtime crypto expertise.
• Market participants appear encouraged by the company’s strategic expansion into regulated prediction markets, a sector that is seeing increased attention from both retail and institutional players.

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This move marks a strategic step for Coinbase as it expands its presence in event-based trading, allowing users to speculate on real-world occurrences such as elections, economic reports, and other measurable events. Coinbase’s stock is roughly flat from the start of the year, having given up big gains in recent months as crypto markets have sagged and the price of Bitcoin has fallen around 30% from its October highs. The company says stock trading will be available 24 hours a day on five days of the week, and that there will be no fee to trade.

It will also allow it to compete more directly with Robinhood, which made its name as a stock-trading app, but has since made significant inroads into crypto.Coinbase will initially offer only a curated list of major stocks and ETFs, but says it will expand this to thousands of other stocks in coming months. The new stock trading feature is the most significant announcement by far as it will be a crucial test of whether Coinbase can leverage its dominant crypto brand to expand into other sectors. Coinbase is acquiring The Clearing Company, a prediction markets startup that just raised a $15M seed round backed by Coinbase Ventures.

Jeff John Roberts is the Finance and Crypto editor at Fortune, overseeing coverage of the xcritical and how technology is changing finance. Coinbase also used the San Francisco event to announce that its Base App is now available in 140 countries. The Kalshi partnership will likely entail a revenue split of the small fee the platform collects on wagers. Currently, firms like BlackRock are offering tokenized versions of Treasury bill and money-market funds. Coinbase is taking its biggest step yet into the broader financial sector.

Coinbase’s new stock offerings come at a time when the financial market is beginning to embrace tokenization. The event comes as the company is seeking to brand itself as an “everything exchange.” Remember to stay informed about the latest security threats and best practices in the cryptocurrency space to protect your digital assets. Get hand selected news & info from our Crypto Experts so you can make educated, informed decisions that directly affect your crypto profits! Newton Kitonga is a lawyer and crypto enthusiast.