Crypto Prediction Markets Go Mainstream as Coinbase, Crypto.com Push In

Prediction markets have emerged as one of many cryptocurrency sector’s most consequential, if not contested, frontiers. As soon as the area of area of interest platforms, they’re now attracting severe consideration from main exchanges, enterprise capital and even conventional monetary establishments. 

As prediction markets transfer nearer to the core of crypto’s enterprise mannequin, Crypto.com has sparked questions round equity and market construction after looking for to rent a quantitative dealer for an in-house market-making unit that will purchase and promote contracts alongside different merchants.

In the meantime, Coinbase has signaled a longer-term guess on regulated prediction markets with its acquisition of The Clearing Firm, an onchain prediction market startup backed by a crew with expertise at Kalshi and Polymarket.

Elsewhere, JPMorgan Chase’s reported exploration of crypto buying and selling for institutional shoppers underscores how digital property proceed to seep into conventional finance, even as crypto-native corporations like DWF Labs hedge their publicity by branching into bodily commodities.

Crypto.com seeks an in-house market maker for prediction market companies

Crypto.com has change into the newest cryptocurrency change to maneuver into prediction markets, although a recent hiring effort has raised questions on market construction and potential conflicts of curiosity.

In line with Bloomberg, Crypto.com is recruiting for a quantitative dealer function tied to an inner market-making desk that will purchase and promote prediction contracts alongside different merchants. The place is reportedly targeted on offering liquidity throughout prediction market outcomes.

A Crypto.com spokesperson didn’t dispute the report however stated the initiative is designed to enhance market effectivity by rising competitors and liquidity for customers. The corporate emphasised that its inner market maker operates below the identical guidelines as exterior members.

The event highlights the rising curiosity amongst centralized exchanges in prediction markets, even as questions persist round governance, transparency and truthful entry in these rising buying and selling venues.

Coinbase expands prediction market push with acquisition of The Clearing Firm

Coinbase is deepening its push into prediction markets with its acquisition of The Clearing Company, an onchain prediction market startup backed by executives with expertise at Polymarket and Kalshi.

Coinbase instructed Cointelegraph that the transaction is anticipated to shut in January, although monetary phrases weren’t disclosed. Coinbase Ventures was an early investor in The Clearing Firm, collaborating in a $15 million funding spherical earlier this 12 months.

The acquisition aligns with Coinbase’s broader ambition to evolve into what executives have described as an “the whole lot change,” encompassing crypto buying and selling, tokenized property, inventory buying and selling and prediction markets.

In a latest report, Coinbase identified prediction markets as probably the most important development alternatives heading into 2026, citing rising consumer engagement and a shifting regulatory and tax panorama. The corporate famous that proposed modifications in US tax coverage might cut back the attractiveness of conventional playing by limiting tax deductions, probably steering extra exercise towards regulated prediction platforms.

JPMorgan reportedly considers crypto buying and selling for institutional shoppers

JPMorgan Chase is reportedly weighing the launch of digital asset buying and selling companies for choose institutional shoppers, as the banking large appears to increase its choices amid rising demand from skilled traders.

In line with Bloomberg, JPMorgan is exploring crypto-related services and products inside its markets division, signaling a possible deepening of its engagement with digital property past custody and blockchain-based settlement initiatives.

The reported transfer comes as institutional curiosity in crypto continues to construct, supported by a shifting political and regulatory backdrop in the US. The Trump administration has signaled a extra accommodative stance towards digital property, having signed into legislation complete stablecoin laws identified as the GENIUS Act.

If carried out, JPMorgan’s growth into crypto buying and selling would mark one other milestone within the gradual convergence between conventional finance and digital asset markets, notably on the institutional degree.

DWF Labs settles bodily gold

DWF Labs has expanded past digital property into physical commodities, finishing the settlement of a 25-kilogram gold transaction in a transfer that underscores a broader push towards diversification throughout the crypto sector.

Managing accomplice Andrei Grachev stated the corporate settled its first bullion commerce as a take a look at tranche, with plans to finally scale into different bodily commodities, together with silver, platinum and cotton. The transaction was not blockchain-based and as a substitute relied on standard settlement infrastructure.

The transfer is notable as an rising variety of crypto-native corporations quietly broaden their operations to incorporate conventional property, reflecting a extra pragmatic strategy to income era and danger administration.

DWF’s growth comes at a time when gold continues to attract strong investor demand amid macroeconomic uncertainty, whereas Bitcoin and the broader crypto market have struggled to regain sustained momentum. 

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