{"id":64814,"date":"2025-12-23T02:46:33","date_gmt":"2025-12-23T02:46:33","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=64814"},"modified":"2025-12-23T02:46:33","modified_gmt":"2025-12-23T02:46:33","slug":"coinbase-buys-prediction-market-startup-headed-by-ex-polymarket-executive-as-it-looks-to-accelerate-ambitions-for-exciting-business","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=64814","title":{"rendered":"Coinbase Buys Prediction Market Startup Headed By Ex-Polymarket Executive As It Looks To &#8216;Accelerate&#8217; Ambitions For &#8216;Exciting&#8217; Business"},"content":{"rendered":"<div>\n<p><strong>Coinbase Global Inc.<\/strong>\u00a0<a href=\"https:\/\/www.benzinga.com\/quote\/COIN\" target=\"_blank\" rel=\"noreferrer noopener\">(NASDAQ:<\/a><a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/COIN\">COIN<\/a>) announced its acquisition of prediction market startup\u00a0<strong>The Clearing Company<\/strong> on Monday as part of a deeper push into the emerging sector.<\/p>\n<p>Coinbase Global shares are consolidating.\u00a0<a href=\"https:\/\/www.benzinga.com\/quote\/COIN\" target=\"_blank\" rel=\"noreferrer noopener\">What should traders watch with COIN?<\/a><\/p>\n<h2 class=\"wp-block-heading\">Coinbase Moves Toward \u2018Everything Exchange\u2019 Goal<\/h2>\n<p>The Clearing Company, backed by Coinbase, secured <a href=\"https:\/\/www.benzinga.com\/crypto\/25\/08\/47378142\/polymarkets-new-rival-coinbase-backed-startup-bags-15-million-in-seed-funding-for-blockchain-based-prediction-platform\">$15 million in venture funding<\/a> in August, intending to create an on-chain, permissionless prediction market. The startup is led by <strong>Toni Gemayel,<\/strong>\u00a0who previously served as Head of Growth for both <strong>Polymarket <\/strong>and\u00a0<strong>Kalshi<\/strong>.<\/p>\n<p>\u201cToni and the team will help scale world-class prediction markets trading on Coinbase and accelerate our ambitions for this exciting category as part of the Everything Exchange,\u201d the company said in a press release.<\/p>\n<p><figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"><\/p>\n<div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">First &#8230;<\/p>\n<\/blockquote>\n<\/div>\n<\/figure>\n<p><a href=\"https:\/\/www.benzinga.com\/crypto\/cryptocurrency\/25\/12\/49553623\/coinbase-buys-prediction-market-startup-headed-by-ex-polymarket-executive-as-it-looks-to-ac?utm_source=benzinga_taxonomy&amp;utm_medium=rss_feed_free&amp;utm_content=taxonomy_rss&amp;utm_campaign=channel\" alt=\"Coinbase\" buys prediction market startup headed by ex-polymarket executive as it looks to ambitions for business>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Coinbase Global Inc.\u00a0(NASDAQ:COIN) announced its acquisition of prediction market startup\u00a0The Clearing Company on Monday as part of a deeper push into the emerging sector. Coinbase Global shares are consolidating.\u00a0What should traders watch with COIN? Coinbase Moves Toward \u2018Everything Exchange\u2019 Goal The Clearing Company, backed by Coinbase, secured $15 million in venture funding in August, intending [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-64814","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/64814","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=64814"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/64814\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=64814"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=64814"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=64814"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}