Robinhood in talks to add Crypto.com prediction markets as Kalshi rivalry grows: WSJ
The Block·
60-second summary
Robinhood is in talks to integrate Crypto.com's prediction markets, allowing customers to trade yes-or-no contracts through Crypto.com's derivatives business, according to the Wall Street Journal. No deal has been reached yet. This potential partnership would further escalate the rivalry between Robinhood and Kalshi, a prediction market platform, as they compete for market share in the growing derivatives space.
A deal would let Robinhood customers trade yes-or-no contracts offered through Crypto.com’s derivatives business, though no deal has yet been reached.