According to Coinbase’s official announcement, it will acquire The Clearing Company, with the team joining in January to bolster prediction market product development. The deal follows Coinbase’s partnership with Kalshi and represents its tenth acquisition in 2025. The Clearing Company previously raised $15 million in seed funding and has applied for a CFTC clearinghouse license. Coinbase said the 10-member team, largely from Polymarket and Kalshi, will integrate into its regulated prediction services efforts.