Definition
Prediction markets are exchange-traded contracts on future event outcomes, increasingly offered by crypto and retail brokerages as a non-spot revenue line.
Key Points
- coinbase Q2 2026: prediction markets revenue +106% QoQ, exceeding $100M annualized (2026-08-02-siliconangle-coinbase-q2-2026, 2026-08-02-stocktitan-coinbase-8k-q2-2026)
- Fits Coinbase diversification narrative away from BTC spot trading concentration