Robinhood Explores Prediction Markets as New Growth Driver Amid Crypto Revenue Decline
Robinhood is exploring prediction markets like Kalshi and Polymarket to offset declining crypto revenues. The company offers 'event contracts' through its subsidiary, Robinhood Derivatives, aiming to attract users from existing platforms in this emerging market.
Tickers: $HOOD
Topics: event contracts HOOD stock Kalshi Polymarket Robinhood