Coinbase Unveils Prediction Markets with Tennis Match Bet
Coinbase has introduced a new prediction market for users to trade contracts on future events. The first contract, Cornea V vs Neuchrist in an upcoming tennis match, will expire on September 10, 2026, or when the outcome occurs.
The trading prohibitions include current and former players, coaches, and staff of the governing bodies, paid employees, team owners, and individuals with material non-public information. The contract price reflects the market's odds, with a $0.65 price indicating a 65% chance of the event happening.