Coinbase to Acquire The Clearing Company to Bolster Prediction Market Innovation [Yahoo! Finance]
Coinbase Global, Inc. - Class A (COIN)
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Source: Yahoo! Finance
Coinbase's agreement to acquire a prediction market startup company is set to be finalized in January. The crypto exchange launched prediction markets, including sports event contracts, last week. The Clearing Company is run by executives with experience at Kalshi and Polymarket. The largest cryptocurrency exchange in the U.S. announced plans Monday to acquire The Clearing Company, a predictions market startup that's joined a growing space with the likes of Kalshi, Polymarket, and now DraftKings and FanDuel. Coinbase says The Clearing Company is “innovating at the frontier of regulated, onchain markets.” The acquisition will help Coinbase “power and scale prediction markets.” The deal is expected to be finalized in January. Financial terms were not disclosed. The Clearing Company is run by CEO and founder Toni Gemayel, whom Coinbase called “a visionary product and growth leader who helped shape the modern prediction markets landscape.” Gemayel formerly served as head of
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News
- Coinbase users lose millions to alleged Brooklyn scammer [Yahoo! Finance]Yahoo! Finance
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- Bitcoin slips below $88,000 as traders brace for $28.5 billion Deribit options expiry [Yahoo! Finance]Yahoo! Finance
- Coinbase agrees to buy The Clearing Company to deepen prediction markets push [Yahoo! Finance]Yahoo! Finance
- Crypto laments loss of key ally on Capitol Hill after Lummis announces retirement [CNBC]CNBC
COIN
Earnings
- 10/30/25 - Beat
COIN
Sec Filings
- 12/22/25 - Form 144
- 12/22/25 - Form 4
- 12/18/25 - Form 144
- COIN's page on the SEC website