šØ Robinhood Bets on Prediction Markets⦠and a New Partnership with Crypto.com!
In a notable move, Robinhood announced a multi-year partnership with Crypto.com and OG.com to expand the prediction contracts market on its platform.
š¹ Whatās new? ⢠Robinhood will offer yes-or-no prediction contracts to its users.
⢠It will acquire minority stakes in Crypto.com and OG.com.
⢠Robinhood will use OG.comās infrastructure to provide prediction contracts.
š° And the striking figure?
The deal comes as the value of the Crypto.com group is estimated at around $20 billion, and OG.com at around $5 billion.
š It also seems Robinhood sees a big opportunity in this marketāafter the trading volume of prediction contracts on its platform reached 13.6 billion contracts in Q2.
š§ Why does this matter for crypto?
Because major financial companies have started treating Prediction Markets as a real, growth-ready marketānot just a temporary trend.
Hereās the question š
Will prediction markets become one of the biggest growth sectors coming next in crypto and digital finance?
#crypto #Robinhood #Binance #BinanceSquare #PredictionMarkets
In a notable move, Robinhood announced a multi-year partnership with Crypto.com and OG.com to expand the prediction contracts market on its platform.
š¹ Whatās new? ⢠Robinhood will offer yes-or-no prediction contracts to its users.
⢠It will acquire minority stakes in Crypto.com and OG.com.
⢠Robinhood will use OG.comās infrastructure to provide prediction contracts.
š° And the striking figure?
The deal comes as the value of the Crypto.com group is estimated at around $20 billion, and OG.com at around $5 billion.
š It also seems Robinhood sees a big opportunity in this marketāafter the trading volume of prediction contracts on its platform reached 13.6 billion contracts in Q2.
š§ Why does this matter for crypto?
Because major financial companies have started treating Prediction Markets as a real, growth-ready marketānot just a temporary trend.
Hereās the question š
Will prediction markets become one of the biggest growth sectors coming next in crypto and digital finance?
#crypto #Robinhood #Binance #BinanceSquare #PredictionMarkets
