Mizuho has projected that Robinhood will outperform Coinbase in prediction market revenue, attributing this to distinct user behaviors. Robinhood users are reportedly more inclined to use fresh capital for new trades, whereas Coinbase users tend to sell existing crypto holdings to fund similar activities. This behavior could negatively impact Coinbase's revenue streams.
In response to these insights, Mizuho has adjusted its financial outlook, raising its revenue forecast for Robinhood while lowering the price target for Coinbase. This analysis highlights evolving trends in the crypto market and offers a new perspective on platform performance.
Mizuho Forecasts Robinhood to Surpass Coinbase in Prediction Market Revenue
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