Robinhood Reportedly in Talks to Integrate Crypto.com Prediction Market Products
7x24h News
Robinhood Reportedly in Talks to Integrate Crypto.com Prediction Market Products
According to Cointelegraph, Robinhood is negotiating with crypto trading platform Crypto.com to expand its prediction market business, planning to integrate yes/no event contract products provided by Crypto.com. People familiar with the matter stated that both parties are still in the discussion phase, and specific cooperation arrangements have not yet been finalized. Robinhood launched prediction market services in March 2025, initially offering related products through Kalshi to comply with regulatory requirements of the U.S. Commodity Futures Trading Commission (CFTC), and subsequently integrated ForecastEx and Rotella. Bernstein analysts recently raised the price target from $130 to $160 due to optimism regarding Robinhood's development in the prediction market and tokenized stock sectors, and predicted that prediction market business revenue could reach $1.7 billion in 2028. However, the U.S. prediction market industry currently still faces legal disputes between state and federal regulators.
Navigating Web3 tides with focused insightsTechFlow news, July 26, according to Cointelegraph, Robinhood is negotiating with crypto trading platform Crypto.com on expanding prediction market business, planning to integrate yes/no event contract products provided by Crypto.com. Sources said both parties are still in the discussion stage, and specific cooperation arrangements have not been determined yet.
Robinhood launched prediction market services in March 2025, initially providing related products through Kalshi to meet regulatory requirements of the U.S. Commodity Futures Trading Commission (CFTC), and subsequently integrated ForecastEx and Rotella.
Bernstein analysts recently, due to optimism about Robinhood's development in the prediction market and tokenized stock sectors, raised its target stock price from $130 to $160, and expect prediction market business revenue may reach $1.7 billion in 2028. However, the U.S. prediction market industry currently still faces legal disputes between state and federal regulators.
