[Insider: Kalshi to be the sole operator for Coinbase's initial prediction market] BlockBeats News, December 13, according to CNBC citing insiders, cryptocurrency exchange platform Coinbase is preparing to launch an internal prediction market, supported by the prediction platform Kalshi. This move is part of Coinbase's strategic plan to expand the asset class coverage of its trading platform amidst some investors avoiding digital assets. The insider stated that Coinbase and Kalshi will officially announce their partnership soon, possibly as early as next week. The collaboration is not an exclusive agreement, but during the initial launch phase, Kalshi will be the sole operator of Coinbase's prediction market. Additionally, according to The Information, Coinbase will unveil the product during its "Coinbase System Update" event on December 17. Bloomberg also mentioned that Coinbase will announce the launch of tokenized stock products during the event. Coinbase declined to confirm the reports to CNBC but stated that the public can stay tuned for its event next week.