Coinbase has announced its acquisition of The Clearing Company, a startup specializing in prediction markets, to enhance its capabilities in this sector. This move is part of Coinbase's strategy to evolve into a comprehensive exchange platform. The acquisition will utilize The Clearing Company's expertise to expand prediction market trading on Coinbase, which recently began offering users the ability to trade on real-world event outcomes. Coinbase aims to combine professional talent with compliant market access to establish a strong foundation for long-term growth in prediction markets.