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Robinhood Eyes Crypto.com to Expand Prediction Markets

Robinhood Eyes Crypto.com to Expand Prediction Markets

Robinhood is reportedly in talks with Crypto.com to expand its prediction market footprint.

That’s according to a report Friday (July 24) by The Wall Street Journal (WSJ), citing sources familiar with the matter. The report noted that Robinhood has so far worked with companies like Kalshi to supply betting contracts for its prediction platform, though the companies are now more like rivals than partners.

Under this proposed partnership, Crypto.com’s prediction market business would be added to Robinhood’s prediction hub, letting users place yes-or-no bets offered by the crypto company on Robinhood’s trading platform, the sources said. The report added there are no guarantees the two companies will reach an agreement. 

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