Robinhood strikes deal with Crypto.com to expand prediction markets
Chronological coverage
First seen8 Sept, 12:13Robinhood strikes deal with Crypto.com to expand prediction markets
Robinhood's expansion into prediction markets with Crypto.com could redefine its revenue streams, potentially surpassing crypto transactions by 2026.
CryptoBriefing•Editorial Team
Follow-up8 Sept, 15:34Robinhood takes Crypto.com stake in prediction markets deal
Robinhood has signed a multi-year deal to route selected event contracts through OG.com while taking equity stakes priced against $20 billion and $5 billion valuations for Crypto.com and OG.com, respectively. Robinhood adds OG.com as an event-contract provider Robinhood and OG.com…
Crypto.news•Lawrence Mondal
Follow-up8 Sept, 17:03Robinhood takes stakes in Crypto.com, OG.com in prediction markets deal
Robinhood will route event contracts through OG.com’s CFTC-regulated infrastructure as it expands its prediction markets business.
Cointelegraph•Cointelegraph by Nate Kostar
Latest8 Sept, 19:01Robinhood Takes Stakes in Crypto.com and Its $5B Prediction Spinout
Robinhood said Tuesday it will route some football event contracts through OG.com’s federally regulated exchange while taking minority equity stakes in the platform and its former parent, Crypto.com. The stakes are priced against a $20 billion valuation, and contracts began reaching eligible U.S. customers the same day. ‘The beginning of a very strategic relationship’ Robinhood […]
Bitcoin.com News•Luci Kelemen