[Coinbase is Developing Prediction Market Services Powered by Kalshi] According to Foresight News, researcher Jane Manchun Wong reported that Coinbase is developing a prediction market service. This prediction market service is provided by Coinbase Financial Markets through KalshiEX LLC. Earlier, Foresight News reported that Kalshi and Coinbase signed a custody agreement on November 14. Kalshi has chosen Coinbase to custody USDC in event-based contracts, ensuring the security of users' USDC deposits and withdrawals.