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Robinhood Markets In Talks To Add Crypto.com Prediction Markets

Robinhood Markets In Talks To Add Crypto.com Prediction Markets

Robinhood Markets (NASDAQ: HOOD) is reportedly exploring a potential collaboration with Crypto.com to incorporate the latter’s event-based contracts into its growing suite of prediction market offerings. According to a recent Wall Street Journal report citing people familiar with the discussions, the brokerage is in talks that could allow its customers to trade Crypto.com’s binary yes-or-no contracts directly through Robinhood’s existing prediction markets interface.

If finalized, the arrangement would expand the range of outcome-based products available to Robinhood’s large retail user base without requiring them to switch platforms.

Conversations between the two firms are still underway, and there is no assurance that a…

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