Coinbase has announced its agreement to acquire The Clearing Company, a prediction market startup, with the transaction expected to finalize in January. The acquisition is subject to customary closing conditions. The Clearing Company, founded by Toni Gemayel, completed a $15 million seed funding round in August, with backing from investors including Coinbase Ventures. The startup focuses on developing an on-chain, regulated prediction market platform.
Coinbase to Acquire Prediction Market Startup The Clearing Company
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