Coinbase: Leak reveals tests for stock tokens and prediction markets
- Coinbase is reportedly preparing its next major product offensive. New screenshots from Jane Manchun Wong, a well-known figure in the reverse engineering scene, reveal hidden interfaces for forecasting platforms and tokenized stocks directly within the app. She discovered these interfaces by analyzing publicly available code from the mobile application.
- The screenshots show separate tabs for “Stocks” and “Predictions” – including legal notices. Particularly noteworthy: The prediction market function is reportedly running via Coinbase Financial Markets in cooperation with KalshiEX.
- Kalshi is currently the only fully regulated provider of such markets in the US. However, Polymarket, the world's largest forecasting platform by volume, is reportedly close to re-entering the US market.
- Back in July, Coinbase announced to CNBC its intention to become an “everything exchange”: tokenized stocks, prediction markets, and token sales for US customers – all within a unified on-chain interface. Product manager Max Branzburg promised at the time to “bring all assets on-chain.”
- Industry observers are now looking ahead to the showcase livestream on December 17th. Coinbase is expected to announce “exciting new products” and “key business updates” there – and could finally shed light on the leaked features.
- The market is now speculating that prediction markets and stock tokens are already part of these announcements – and that Coinbase is thus taking a crucial step towards becoming a super app.
Crypto newcomers can currently secure a welcome bonus of €30 in Bitcoin at Coinbase.
Recommended video: Coinbase | Review & Tutorial | How trustworthy is the crypto exchange?
Sources
Jane Manchun Wong on X
Eine Quelle: btc-echo.de
