Robinhood Dives into Prediction Markets via Crypto.com Partnership

Riding on its recent growth spurt, brokerage platform Robinhood is expanding its prediction markets business through a partnership with crypto exchange Crypto.com.

As part of this deal, Robinhood will take minority stakes in both Crypto.com and its prediction markets business.

This development follows several high-profile partnerships for the trading platform, which has been rapidly increasing its offerings to stay competitive in the market. With this new move, Robinhood aims to further diversify its services and attract more users.