COIN · News · 20260807N
Prediction Markets Revenue Growth
Coinbase Global, Inc. · 2026-08-07 · Importance 45 · Surprise 64 · In source text
Coinbase reported that revenue from its prediction-markets business grew 106% quarter over quarter. The increase reflects expanding customer activity in event-based trading products. The report also cited DraftKings, whose prediction-platform annualized total volume rose to $11 billion from $2.3 billion between April and July, underscoring intensifying interest in prediction markets among U.S. consumers.
Key facts
- Annualized total volume for DraftKings' predictions platform grew to $11 billion from $2.3 billion between April and July. source
- Coinbase said that its prediction markets revenue grew 106% on a quarter over quarter basis. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| revenue | positive | realized | — | Coinbase said that its prediction markets revenue grew 106% on a quarter over quarter basis. |