Quick Take

• Coinbase is planning to announce its prediction markets and tokenized equities products on Dec. 17, Bloomberg reported.
• Gemini, Crypto.com, and other major crypto players are venturing into the rapidly growing prediction market sector.

Coinbase Global will announce next week that it is launching prediction markets and tokenized equities, Bloomberg reported Thursday.

Citing a source familiar with the matter, the outlet said Coinbase plans to publicly announce the two products at a Dec. 17 showcase. The tokenized equities product is reportedly launching in-house without any partners.

"Tune in to the livestream on Dec 17th to find out what new products Coinbase is shipping," a Coinbase spokesperson said, without directly confirming or denying the report.

...read more at theblock.co