Published on: June 16, 2026, 05:18h.
Updated on: June 16, 2026, 05:18h.
- Coinbase expands its prediction market by introducing combo bets or parlays
- Introducing time-sensitive crypto trades
- New partnership between Coinbase and Kalshi
Coinbase Global (NASDAQ: COIN) has revealed significant enhancements to its prediction market platform, now including the feature of combination bets, commonly referred to as “combos” in the industry.
As the largest regulated cryptocurrency brokerage firm in the United States, Coinbase initially entered the prediction market field earlier this year in collaboration with Kalshi. The company noted that the demand for event contracts on its platform has been “remarkable,” with multi-asset parlays featured in a revamped trading suite.
“Combine multiple predictions into a single trade, spanning various categories available on the platform,” indicated a Coinbase blog entry. “This allows for the integration of economic indicators with global political events, or merging insights on sports outcomes and player performances within a single wager.”
The growing acceptance of multi-leg wagers, known as parlays in the sports betting sector, has encountered criticism from skeptics and regulators. They argue that these yes/no exchanges are essentially promoting sports gambling by attracting traders with appealing bets that are highly profitable for conventional sportsbooks.
Timely Enhancements from Coinbase
Coinbase’s upgrades to its prediction market facilitate part of a broader improvement of its “super app.” This development is timely, as data illustrates a surge in activity on yes/no exchanges. Recently, Kalshi achieved a lifetime notional volume exceeding $100 billion, with June 13 and 14 marking the highest volume days recorded by that operator.
The introduction of parlays on Coinbase is particularly noteworthy, given that current data shows the World Cup is positively influencing prediction market engagement. Contracts tied to sports events play a critical role in driving volumes in prediction markets, and preliminary results suggest that the global soccer tournament is effectively attracting new participants to yes/no platforms.
Analysts suggest that Coinbase, seen as a likely frontrunner in the prediction market sphere among publicly traded companies, enhancing its prediction market capabilities is essential as the nascent industry becomes increasingly competitive. This market has seen entries from brokerage firms and established sportsbooks such as DraftKings (NASDAQ: DKNG).
It’s important to note that Coinbase does not offer these prediction derivatives in Nevada.
Attractive Timed Crypto Trades for High-Risk Traders
For Coinbase clients with a penchant for risk, new options for timed trading on various cryptocurrencies such as Bitcoin (BTC), Ether (ETH), and Solana (SOL) are now available.
This functionality allows trading predictions on outcomes at intervals of 15 minutes, hourly, daily, monthly, and annually,” Coinbase states.
Other crypto-focused prediction platforms have succeeded in offering interval-based trading; however, some critics argue that this merely represents another form of gambling designed to lure unsuspecting investors seeking quick profits.