Robinhood in Talks with Crypto.com for Prediction Markets Integration
Robinhood Markets is reportedly in discussions with Crypto.com to bring the digital currency exchange's prediction markets business onto Robinhood's platform.
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Robinhood Markets is reportedly in discussions with Crypto.com to bring the digital currency exchange's prediction markets business onto Robinhood's platform.
Two days after a Washington state court judge issued a preliminary injunction against Kalshi to stop the prediction market platform from offering sports event contracts, Crypto.com’s event contract platform OG sued state officials in federal court.
Singapore-based cryptocurrency exchange Crypto.com announced that Citadel Securities is investing $400 million in the company, valuing it at around $20 billion.
Prospect Markets has signed a letter of intent with Crypto.com-backed OG Broker to launch a sports-focused prediction market.
A group of prediction market operators, including Kalshi, Crypto.com, Robinhood, and Coinbase, says states are working with casino lobby groups to stop them from offering event contracts.
A coalition of prediction market operators, including Kalshi, Crypto.com and Polymarket, has sued Kentucky over a newly enacted tax on prediction market transactions, arguing that the levy is discriminatory and conflicts with federal law.
FanDuel has expanded its FanDuel Predicts prediction markets offering by adding a range of sports and other event contracts through a new partnership with Crypto.com.
Fanatics Markets has expanded Fanatics ONE and FanCash to its prediction market platform, allowing customers to earn rewards through trading activity across sports, crypto, politics, culture and economic event contracts.