Robinhood has introduced new prediction market features, enhancing its platform with advanced trading options for NFL game outcomes. The company reported that over 1 million users have traded 11 billion contracts, highlighting significant engagement. This development is part of a joint venture with Susquehanna International Group to build Robinhood's own market infrastructure.
In a competitive move, Coinbase has partnered with Kalshi to expand its offerings in the prediction market space. As these platforms innovate, questions about the safety of exchanges like KuCoin are emerging, with KuCoin also exploring similar advancements.
Robinhood Launches Prediction Market Features Amid Rising Competition
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
