Robinhood Eyes Prediction Market Partnership with Crypto.com

Rapidly growing prediction markets are drawing attention from traditional brokerage services as they seek to expand their product lineups.

Robinhood Markets Inc., a Nasdaq-listed trading platform known for its commission-free stock and cryptocurrency services, is reportedly in early-stage discussions with Crypto.com to integrate prediction market offerings onto its platform.

This potential partnership would allow Robinhood users to access event contracts and prediction markets powered by Crypto.com, marking another step in the company’s push into the rapidly growing sector of alternative financial instruments beyond stocks and crypto.