Robinhood signs multiyear prediction markets deal with Crypto.com

Robinhood has signed a major multiyear agreement with Crypto.com to expand its prediction markets offering and will acquire minority stakes in Crypto.com’s exchange and prediction markets entity, The Wall Street Journal reported. The deal will bring yes-or-no event contracts based on OG.com, Crypto.com’s prediction markets subsidiary, into the Robinhood app. The two companies have now finalized talks that had been underway since July and formally announced the partnership.