Coinbase to launch prediction markets and tokenized equities on Dec 17, marking a serious push into full-stack crypto, RWA tokenization, and the “all the things app” race.
Exchanges race for dominance as Coinbase enters prediction markets and tokenized shares surge; RWAs, DeFi, and vertical integration reshape the next-gen crypto ecosystem.
Coinbase is about to make a serious transfer within the crypto area by launching prediction markets and its personal tokenized equities on December 17. The brand new choices convey the trade nearer to its aim of turning into an all-in-one digital asset “all the things app.” This enlargement comes amid rising competitors and rising international curiosity in tokenized monetary property.
Coinbase Goals for Full Vertical Integration
Certainly one of Coinbase’s most important modifications is its shift to issuing tokenized shares straight, quite than counting on exterior companions. This provides the corporate extra management over product design, compliance, and settlement, an vital benefit as international regulators enhance scrutiny of tokenized securities.
Rumors about Coinbase’s enlargement have circulated for weeks after leaked screenshots confirmed prediction instruments and tokenized fairness sections contained in the Coinbase app. The corporate has now confirmed that full particulars might be revealed via a livestream on December 17.
By combining prediction markets, tokenized securities, and crypto buying and selling in a single platform, Coinbase is signaling its ambition to construct an entire digital asset ecosystem functioning like a next-generation brokerage, derivatives venue, and blockchain hub.
Exchanges Race to Lead the Tokenization Increase
Tokenization has rapidly grow to be the brand new battleground for competitors. Robinhood and Kraken already supply tokenized U.S. shares in choose areas, whereas international buying and selling of tokenized equities has jumped 32% up to now month, reaching $1.45 billion in switch quantity, in line with rwa.xyz knowledge.
As extra conventional property similar to shares, treasuries, and commodities transfer onto blockchains, main exchanges are racing to safe early dominance. Coinbase’s push is each a strategic protection and an try and seize market share as tokenization accelerates worldwide.
Prediction Markets Are Turning into a Core Monetary Product
Prediction markets are additionally seeing robust development, with customers buying and selling on outcomes associated to elections, inflation, sports activities occasions, and international affairs. Gemini lately obtained CFTC approval to launch its Gemini Titan prediction platform within the U.S., Robinhood now helps Kalshi’s occasion contracts, and Crypto.com is increasing its presence within the sector via partnerships. Main buying and selling companies, together with Susquehanna, are additionally investing closely in event-driven derivatives infrastructure.
Coinbase’s entry into prediction markets alerts that they’re turning into a mainstream monetary instrument quite than a distinct segment product.
Main Corporations Are Competing to Construct Full-Stack Crypto Ecosystems
Analyst Kartik Swaminathan notes that Coinbase’s upcoming rollout is a part of a broader development towards full vertical integration, the place main firms management all the things from wallets and buying and selling platforms to layer-2 networks and real-world asset (RWA) issuance.
He highlights that Robinhood, Kraken, Stripe, and Coinbase now function more and more complicated monetary stacks every positioning RWAs because the central pillar of their long-term technique. In the meantime, initiatives similar to Ondo, Shift, and xStocks are increasing on BNB Chain, elevating contemporary questions on Binance’s future position within the tokenization race.
In accordance with the analyst, the trade is heading towards a serious aggressive showdown, with each main platform pushing to dominate the total digital asset stack—the place tokenized property will play a defining position.

