Robinhood Eyes Prediction Markets Deal with Crypto.com

Robinhood is reportedly in talks with Crypto.com to launch prediction markets on its platform.

According to The Wall Street Journal, fintech company Robinhood is discussing a deal with exchange Crypto.com to integrate binary contracts directly within the app. If successful, this would allow users of the popular trading platform to purchase these contracts from Crypto.com without leaving the Robinhood app.

This development comes as Robinhood continues to expand its offerings beyond traditional stocks and cryptocurrencies. The company has already partnered with Kalshi for prediction markets, but it appears that they are now looking to integrate a more direct solution with Crypto.com.