EXCLUSIVE: Coinbase Prediction Markets Leader Says He 'Underpredicted' How Big The Sector Would Get

Benzinga02:50

Coinbase Global (NASDAQ:COIN) recently rolled out its prediction markets in all 50 U.S. states, partnering with Kalshi to offer markets on cryptocurrency prices, politics, sports and more. The head of...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2613912662?lang=en_US&edition=fundamental","thumbnail":"https://www.benzinga.com/files/images/story/2026/02/20/The-Coinbase-Trade.jpeg","is_english":true,"pubTime":"2026-02-21 02:50","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2613912662","market":"us","top_or_hot":-1,"title":"EXCLUSIVE: Coinbase Prediction Markets Leader Says He 'Underpredicted' How Big The Sector Would Get","media":"Benzinga","content":"<div>\n<p>Coinbase Global (NASDAQ:COIN) recently rolled out its prediction markets in all 50 U.S. states, partnering with Kalshi to offer markets on cryptocurrency prices, politics, sports and more. The head of...</p>\n\n<a href=\"https://www.benzinga.com/markets/prediction-markets/26/02/50759905/exclusive-coinbase-prediction-markets-leader-says-he-underpredicted-how-big-the-sector-would-get\">Source Link</a>\n\n</div>\n","source":"Benzinga","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>EXCLUSIVE: Coinbase Prediction Markets Leader Says He 'Underpredicted' How Big The Sector Would Get</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nEXCLUSIVE: Coinbase Prediction Markets Leader Says He 'Underpredicted' How Big The Sector Would Get\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-02-21 02:50 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/markets/prediction-markets/26/02/50759905/exclusive-coinbase-prediction-markets-leader-says-he-underpredicted-how-big-the-sector-would-get><strong>Benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Coinbase Global (NASDAQ:COIN) recently rolled out its prediction markets in all 50 U.S. states, partnering with Kalshi to offer markets on cryptocurrency prices, politics, sports and more. The head of...</p>\n\n<a href=\"https://www.benzinga.com/markets/prediction-markets/26/02/50759905/exclusive-coinbase-prediction-markets-leader-says-he-underpredicted-how-big-the-sector-would-get\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"FIAT","symbol_name":"做空COIN期权收益策略ETF-YieldMax","start_time":0,"source_url":"https://www.benzinga.com/markets/prediction-markets/26/02/50759905/exclusive-coinbase-prediction-markets-leader-says-he-underpredicted-how-big-the-sector-would-get","article_id":"2613912662","we_media_id":null,"thumbnails":["https://www.benzinga.com/files/images/story/2026/02/20/The-Coinbase-Trade.jpeg"],"rights":{"source":"Benzinga","url":"https://www.benzinga.com/markets/prediction-markets/26/02/50759905/exclusive-coinbase-prediction-markets-leader-says-he-underpredicted-how-big-the-sector-would-get","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2613912662","pubTimestamp":1771613436,"columns":[],"sourceInfo":{"source_id":"Benzinga","name":"Benzinga Cypto"},"weMediaInfo":null,"summary":"Coinbase Global (NASDAQ:COIN) recently","collect":0,"end_time":0,"defaultTopTitle":"benzinga.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"FIAT":"做空COIN期权收益策略ETF-YieldMax","BK4516":"特朗普概念","BK4535":"淡马锡持仓","BK4585":"ETF&股票定投概念","BK4596":"哈里斯概念","COYY":"GRANITESHARES YIELDBOOST COIN ETF","LU1861559042.SGD":"日兴方舟颠覆性创新基金B SGD","LU1861558580.USD":"日兴方舟颠覆性创新基金B","CONI":"2倍做空COIN ETF-GraniteShares","BK4600":"加密货币概念","LU1861217088.USD":"贝莱德金融科技A2","BK4588":"碎股","COIA":"ProShares Ultra Coin ETF","BK4112":"金融交易所和数据","LU1861220207.SGD":"Blackrock FinTech A2 SGD-H","COIG":"2倍做多COIN ETF- Leverage Shares","CONX":"Direxion Daily COIN Bull 2X ETF","BK4595":"比特币概念","BK4551":"寇图资本持仓","COIN":"Coinbase Global, Inc.","COII":"REX COIN Growth& Income ETF","CONY":"COIN期权收益策略ETF-YieldMax","BK4539":"次新股","COIO":"2倍上限加速COIN ETF-Leverage Shares","BK4554":"元宇宙及AR概念","ICOI":"Bitwise COIN Option Income Strategy ETF","COIW":"COIN周配息ETF-Roundhill","LU2360107671.USD":"BGF FINTECH \"A4\" (USD) INC"},"translate_title":"独家：Coinbase预测市场领导者表示，他“低估了”该行业的规模","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"FIAT":0.6,"CONX":0.6,"COIW":0.6,"ICOI":0.6,"COYY":0.6,"CONY":0.6,"COIO":0.6,"COIA":0.6,"COIN":1.96,"COIG":0.6,"COII":0.6,"CONI":0.6},"content_text":"Coinbase Global (NASDAQ:COIN) recently rolled out its prediction markets in all 50 U.S. states, partnering with Kalshi to offer markets on cryptocurrency prices, politics, sports and more. The head of Coinbase's prediction markets shares the reasons why this was a key move for the cryptocurrency platform company.      • Coinbase Global stock is building positive momentum. What’s pushing COIN stock higher?Why Prediction Markets for CoinbaseAdding prediction markets for Coinbase customers is part of the company's push to reach more customers and offer more tools for existing and new customers.  \"We're not only a leader in the crypto space, but the strategy of the business now is really to become the everything exchange,\" Coinbase Head of Prediction Markets Toni Gemayel told Benzinga.Gemayel highlighted that Coinbase announced new support coming for items like equities, commodities and prediction markets towards the end of 2025.\"The reason why [prediction markets] fits particularly well with crypto is you know you're seeing the price of Bitcoin right now take a big dip and traders want to know, traders want to have confidence in of which direction it's going and so you could go check a prediction market right now.\"The Coinbase head of prediction markets said checking the markets for pricing on Bitcoin (CRYPTO: BTC) could determine whether some investors buy the dip.\"Markets forecast information, or an odds score associated to the price of crypto assets.\"Asked about Coinbase’s prediction markets being a tool to land new customers or as a customer retention tool, Gemayel argues that it's neither.\"I think that we intend to expand the category. If you think about the everything exchange, there's maybe no better asset class than prediction markets, which are markets on everything.\"Early Success for CoinbaseLaunched in January, Coinbase’s prediction markets have proven to be popular with users. Gemayel said sports, politics and crypto markets have proven to be the most popular in the early days on the platform.Gemayel cautions that since the markets are still new, it's important to not over index the data.\"Politics, it's an election year. The midterms are looking like they're going to be extremely interesting,\" Gemayel said.Gemayel said strong interest in sports, politics and crypto markets fits the company's user base.Asked about rules and regulations on prediction markets, Gemayel points out that Coinbase employees and executives are not able to bet on Coinbase prediction markets, outside of testing products.\"Coinbase has a track record of doing right by the customer, making sure that things are very transparent.\"Gemayel's Prediction Market HistoryNow at Coinbase, Gemayel has been involved in prediction markets for years, previously working for both Kalshi and Polymarket. Gemayel founded The Clearing Company, which was acquired by Coinbase in December.\"I've been in prediction markets since before they were cool,\" Gemayel told Benzinga.The Clearing Company was created with the belief that the prediction market space was \"going to increase dramatically.\"\"I maybe underpredicted how big it would get. It exceeded even my wildest expectations,\" Gemayel said.Photo: David Esser via ShutterstockMarket News and Data brought to you by Benzinga APIs© 2026 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.To add Benzinga News as your preferred source on Google, click here.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.36.2","shortVersion":"4.36.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2613912662","isCrawlerRequest":true}