Coinbase Global, Inc. (NASDAQ:COIN) is set to launch its in-house prediction market with Kalshi to expand asset classes on its crypto exchange. This move comes as investors shift away from digital assets. The partnership will be announced soon, with Kalshi as the exclusive prediction market operator at launch.

Rumors of the launch surfaced a month ago, with a screenshot of Coinbase’s prediction markets dashboard. The company plans to introduce Kalshi-powered prediction markets at its event on December 17, along with a tokenized stock offering. Coinbase aims to become an “everything exchange” for various assets, facing growing competition.

Coinbase Global, Inc. (NASDAQ:COIN) allows users to engage with crypto by buying, selling, transferring, trading, staking, and storing cryptocurrency assets. While COIN shows investment potential, other AI stocks may offer greater upside with less downside risk. Investors can explore undervalued AI stock opportunities for potential growth.

Read more at Yahoo Finance: Coinbase (COIN) to Launch Kalshi-Powered Prediction Market?