The Block (@TheBlockCo): THE BLOCK: Coinbase's prediction markets business more than doubled in Q2, with contracts and revenue climbing 106% quarter over quarter.
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THE BLOCK: Coinbase's prediction markets business more than doubled in Q2, with contracts and revenue climbing 106% quarter over quarter. Its "Everything Exchange" strategy also helped drive a record 10.3% share of global crypto trading volume, its third consecutive quarter of gains. $COIN shares dropped 7% immediately after market close before recovering slightly.