Jul. 26 at 4:46 PM
$HOOD Robinhood, Crypto.com consider prediction-markets partnership, WSJ says
Robinhood may have found another partner in the prediction-markets business, The Wall Street Journal's Krystal Hur, Hannah Erin Lang, and Vicky Ge Huang report. Robinhood is in talks with digital-currency exchange Crypto.com to expand the brokerage firm's foothold in prediction markets, according to people familiar with the matter. To date, Robinhood has relied on Kalshi and others to supply betting contracts for its prediction platform, but what began as a partnership is evolving into direct competition as the two companies push onto each other's turf.