Crypto.com and Robinhood Eye Partnership on Prediction Markets
Crypto.com and Robinhood are reportedly in talks to bring Crypto.com's event contracts to Robinhood's US platform, according to The Wall Street Journal.
Ray Whitfield reported on FishDuck that this deal would allow Robinhood users to trade Crypto.com event contracts without leaving the app.
The partnership comes as Robinhood's prediction market business expands rapidly in the US financial services sector. Analysts estimate that Robinhood's event contracts unit is on track to outpace its cryptocurrency revenue and bring in $1.7 billion by 2028.