Coinbase announces agreement to acquire The Clearing Company to accelerate the layout of the prediction market business, just days after launching the product to users. This transaction indicates that Coinbase plans to make the prediction market a long-term business on the platform, rather than a short-term pilot, and related cryptocurrency prediction market compliance dynamics can be queried through the PASA official website.
Core Purpose of Acquisition: Strengthening Prediction Market Infrastructure
This move is to make the prediction market a long-term business! Coinbase has recently launched a prediction market where users can trade contracts linked to real-world outcomes on the same interface, along with cryptocurrencies, derivatives, stocks, and other assets. Through the acquisition, Coinbase will integrate prediction market expertise internally, rather than relying on external collaborations, helping it achieve its long-term goal of becoming an "all-capable exchange".
Target Core Advantages: Compliance and Technology Dual Enhancement
The team background is too hardcore! The Clearing Company focuses on regulated on-chain prediction market infrastructure, and its founder Tony Gemayel is called a key figure in the development of modern prediction markets by Coinbase. The team members have experience in building event trading platforms in regulated and decentralized scenarios. Its "on-chain infrastructure + regulatory oversight" concept highly aligns with Coinbase's compliance-focused strategy.
Transaction Details and Annual Layout
This year's acquisition pace just can't stop! The transaction is expected to be completed by January 2026, and The Clearing Company will continue to operate independently until then, after which its team will join Coinbase to help expand the prediction market. This is Coinbase's 10th acquisition this year, previously acquiring the derivatives platform Deribit for $2.9 billion and the investment app Echo for $375 million, continuously building a multi-asset platform.
Market Positioning: Integrating into Multi-Asset Ecosystem to Reduce Volatility Dependence
Prediction markets bring high-frequency trading vitality! These markets allow users to trade outcomes of elections, economic indicators, sports, culture, etc., with prices adjusting in real-time with new information, and high trading frequency. Coinbase believes this can enhance user activity while reducing dependence on cryptocurrency market volatility, complementing existing products, so that even if one market segment slows down, other assets can remain active.
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