Key Insights:
- Coinbase is likely working on a prediction markets platform, with speculations soaring over the Base token launch.
- One screenshot suggested that the platform would be built on Kalshi’s infrastructure.
- Coinbase set off a new wave of speculation after quietly updating its X bio with just two words: “December 17.”
Tech researcher Jane Manchun Wong said she had seen early signs that Coinbase may be developing a prediction markets website. She noted that the clues looked intentional, though the exchange had not commented.
At the same time, Coinbase added “December 17” to its X bio, prompting traders to speculate about a Base token, a new product, or another major announcement.
The company also posted a single green candle image, which many users interpreted as a deliberate hint.
Is Coinbase Working on a Prediction Markets Website?
Tech researcher Jane Manchun Wong said on X that she came across what seemed to be an early version of a Coinbase prediction market.
The images immediately drew interest, largely because the leading crypto exchange has not made any public announcement on the matter.
One screenshot suggested that the platform would be built on Kalshi’s infrastructure, a prediction markets platform that recently secured $300 million in a Series D round.
Recent official announcements indicate the prediction markets infrastructure provider has been expanding its reach, and its involvement would signal a regulated approach.
Wong’s screenshots showed a clean interface carrying Coinbase’s logo, along with an FAQ section and a short guide explaining the product.
She noted that these elements made the project appear more advanced than a simple experiment.
Although Coinbase has not commented on her findings, the company previously told CNBC that it planned to launch a prediction market as part of its larger strategy.
Executives said they hoped to shape Coinbase into what they described as an “everything exchange,” and offering prediction markets was one piece of that vision.
There is also a regulatory backdrop to consider. In 2024, Coinbase was among the firms that challenged the Commodity Futures Trading Commission over prediction market rules.
Given that history, Wong’s new discovery fits neatly into the company’s long-term interests.
BASE Token to Launch In December?
Coinbase set off a new wave of speculation after quietly updating its X bio with just two words: “December 17.” The change appeared without any explanation, and traders immediately began asking what the company plans to unveil on that date.
Soon after, Coinbase posted an image of a single green candle and wrote, “May I meet you?”, which only intensified the guessing.
Brian Armstrong added to the moment by telling followers to “Check Coinbase’s bio,” a comment that signaled intent and pushed engagement even higher.
Many users noted that Coinbase rarely uses its bio for teasers, so the timing felt deliberate rather than decorative.
The most common theory links the date to Base token, Coinbase’s layer-2 network. Earlier this year, the Base team said it had been exploring the idea of a network token, and some observers quickly connected that remark to the December 17 hint.
Others urged caution, pointing out that the recent earnings call of Coinbase did not include any token-related plans. As the company is publicly traded, any token launch would face a long and closely watched regulatory process.
Even so, supporters pointed to the fast growth of Base, several recent integrations, and the push of Coinbase into on-chain identity as reasons to think some kind of Base token news could still be in the works.
For now, though, the significance of the date is unclear.
Source: https://www.thecoinrepublic.com/2025/11/20/coinbase-prediction-markets-portal-on-track-as-retail-anticipates-base-token-launch/
