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Crypto

Robinhood Bets Big on Crypto.com's Prediction Markets

Guavy AI Editorial Team
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Roger joins forces with Crypto.com's prediction markets business, taking minority stakes in the exchange and OG.com. The partnership will see yes-or-no contracts added to Robinhood's trading platform.

Crypto.com CEO Kris Marszalek confirmed the news on X, calling it a 'game changer' for both OG.com and Crypto.com.

This move comes as Robinhood continues to thrive in the crypto industry, with its Ethereum layer-2 network driving record revenue. The network currently ranks top 3 in DEX volume and network fees over the last 24 hours.

The HOOD stock is up nearly 3% amid the partnership news, trading at around $125 according to TradingView data. This follows a 29% increase in the last month due to the success of its layer-2 network launch.

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