Back
Coinbase to Acquire Regulated On-Chain Prediction Market Startup The Clearing Company

Coinbase to Acquire Regulated On-Chain Prediction Market Startup The Clearing Company

According to Coinbase, acquiring The Clearing Company advances regulated prediction markets; the team joins in January, following a partnership with Kalshi, and marks Coinbase’s tenth acquisition in 2025.

Fact Check
The assessment is based on extremely strong and consistent evidence from high-authority sources. The primary source, Coinbase's official blog, provides a direct confirmation of the acquisition, which is the most definitive evidence available. This is strongly corroborated by a highly relevant news article from The Block, a reputable crypto-industry publication, which also reports on the acquisition agreement. The remaining sources do not contradict the statement; one provides tangential background information about a prior investment relationship, and the other is entirely irrelevant. The convergence of a primary source announcement and a strong secondary source confirmation, with no conflicting evidence, provides high confidence that the statement is true.
    Reference: 12
Summary

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.

Terms & Concepts
  • On-chain prediction market: A blockchain-based platform where users trade outcome contracts via smart contracts for event-based markets.
  • CFTC clearinghouse license: Authorization from the U.S. Commodity Futures Trading Commission to operate a clearinghouse that settles and guarantees trades.