Coinbase CEO Brian Armstrong trolls the prediction markets
On Thursday, at the end of Coinbase’s third quarter earnings call, CEO Brian Armstrong admitted that he was “a little bit distracted,” because he’d been “tracking the prediction market about what Coinbase will say on their next earnings call.” “And I just want to add here the words Bitcoin, Ethereum, Blockchain, Staking, and Web3 to make sure we get those in before the end of the call,” Armstrong added. Why blurt those out without any apparent context? As Armstrong hinted, they were words that users on “mention markets” on Kalshi and Polymarket had wagered would be spoken on the call. So by speaking the words, Armstrong was allowing some of those bets to pay off. Bloomberg reports that while mention markets remain a relatively niche part of prediction…
