Coinbase Acquires The Clearing Company to Enter Prediction Markets [Yahoo! Finance]
Coinbase Global, Inc. - 3Class A (COIN)
US:NASDAQ Investor Relations:
convertedorganic.com
Company Research
Source: Yahoo! Finance
While the company kept the deal terms and the timeline for feature rollout private, the strategic intent is clear: Coinbase refuses to watch another election cycle from the sidelines. Polymarket owned the narrative in 2024, generating over $3.7 billion in trading volume tied to the U.S. presidential election. This figure represents verifiable on-chain activity that established Polymarket as a primary destination for both crypto traders and political observers. Coinbase, meanwhile, observed this capital flight without a competing product. The Clearing Company operates as backend infrastructure rather than a consumer-facing brand. The startup builds the technology required to operate prediction markets within U.S. regulatory boundaries. This distinction matters. Despite its massive volume, Polymarket operates offshore and restricts U.S. users . Coinbase is betting that a compliant, onshore alternative can capture the domestic demand that Polymarket can't legally touch. Volume
Show less
Read more
Impact Snapshot
Event Time:
COIN
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
COIN alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
COIN alerts
High impacting Coinbase Global, Inc. - 3Class A news events
Weekly update
A roundup of the hottest topics
COIN
News
- Coinbase and Gemini Blocked in the Philippines Amid Crackdown on Unregistered Exchanges [Yahoo! Finance]Yahoo! Finance
- How crypto airdrops will change in 2026 [Yahoo! Finance]Yahoo! Finance
- 2 Key Metrics Show Bitcoin Selling Pressure Is Easing – Will BTC Rally? [Yahoo! Finance]Yahoo! Finance
- Xen Baynham-Herd on Building Base: From Experimental L2s to Real On-chain Adoption [Yahoo! Finance]Yahoo! Finance
- JPMorgan's institutional crypto push could boost rivals like Coinbase, Bullish, analysts say [Yahoo! Finance]Yahoo! Finance
COIN
Earnings
- 10/30/25 - Beat
COIN
Sec Filings
- 12/23/25 - Form 4
- 12/22/25 - Form 144
- 12/22/25 - Form 4
- COIN's page on the SEC website