Tom Lee says he favors Robinhood over Kalshi on regulatory risk

Bitmine Chairman Tom Lee said he would choose Robinhood over Kalshi if he could hold only one for 10 years, according to a podcast interview. Lee said Robinhood has a strong competitive edge and has built a genuine connection with customers. Lee added that investors often underestimate how important Robinhood’s user interface is. On Kalshi, Lee said predicting regulatory risk in prediction markets is highly complex, involving both regional regulators and court rulings.