Robinhood Markets signed a multi-year agreement to integrate Crypto.com’s yes-or-no event contracts into its platform.
The brokerage is acquiring minority stakes in both the Crypto.com exchange and its prediction market spinoff, OG.com. Financial terms for these investments were not disclosed.
The partnership expands Robinhood’s presence in event-based trading, allowing users to bet on outcomes like elections and central bank decisions. This collaboration aims to provide customers with more competitive pricing and a wider range of contracts.