Coinbase announced on Monday that it has reached an agreement to acquire The Clearing Company, a move aimed at expanding its newly launched prediction markets and advancing its objective of becoming an Everything Exchange. The Clearing Company will join Coinbase with a team led by founder Toni Gemayel, who has been instrumental in shaping the modern prediction-market sector.
The acquisition would enable Coinbase to scale trading in event-based contracts by integrating the capability directly into its platform, giving users access to event contracts alongside crypto, equities, cash, and derivatives. Coinbase says this integration would strengthen its marketplace approach by combining regulated access with The Clearing Company’s expertise, a key step toward a single multi-asset platform.
The deal is subject to customary closing conditions and is expected to close in January. Coinbase argues the move will spur future growth in the prediction-market category as it furthers its broader roadmap.
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