Coinbase Buys Prediction Market Firm
Update: 2025-12-22
Description
Coinbases acquisition of The Clearing Company signals a strategic move to become a comprehensive trading hub for cryptos, stocks, and prediction markets. The San Francisco startup, led by Toni Gemayel, brings a skilled team and a clearinghouse license, bolstering Coinbases expansion into novel cryptocurrencies, perpetual futures, and stocks. With prediction markets booming and competitors racing to add similar features, Coinbase positions itself as a frontrunner in the trading landscape.
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