# Coinbase Says CFTC Approved It to List Its Own Prediction-Market Contracts By Riza Dagoc Canonical URL: https://www.tokenpost.com/news/regulation/44515 Published: 2026-10-30T10:16:12.000Z Updated: 2026-10-30T10:16:12.000Z Section: Regulation > The business surpassed $200 million in annualized revenue in Q3 as daily traders climbed more than 60% from the previous quarter. Coinbase co-founder and CEO Brian Armstrong said Thursday the CFTC approved the company to list its own prediction-market contracts, an approval he said “will improve our economics.” The business surpassed $200 million in annualized revenue during the third quarter. Daily traders rose more than 60% from the previous quarter, and more than half of Q3 contracts traded were outside sports. Coinbase’s prediction-markets business also featured in a [comparison of five Web3 prediction-market projects](). Coinbase’s total revenue was $1.2 billion, roughly flat quarter over quarter despite a 10% decline in total market crypto trading volume. Its share of crypto trading volume reached 10.7%, marking a fourth straight quarterly increase. Net income was $719 million, driven largely by unrealized gains on crypto held for investment. Adjusted net income was $78 million. ## Links in this article - [comparison of five Web3 prediction-market projects](https://www.tokenpost.com/news/technology/44239)