Robinhood Gets Into the Betting Business, Launches Prediction Market
While the hub will live in the Robinhood app, the “contracts” are being made available by Kalshi, which is technically a federally regulated exchange under the Commodity Futures Trading Commission—but has also drawn ire from that very same agency for allowing people to bet on the outcome of elections.
Weeks after the SEC dropped its investigation into Robinhood over possible securities violations, the company announced the launch of a “prediction markets hub” in the app. Robinhood writes: > At ...
Robinhood announced the launch of its new prediction markets hub for customers to trade on the outcome of world events.
Robinhood is one of very few companies that gives us meaningful performance data every month instead of every quarter. Read ...
People who are 75 and older will compose 10% of the total population in the U.S. by 2030, representing a 7.5% increase from ...
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Event contracts allow traders to bet on specific outcomes, offering opportunities to profit from predictions on everything ...
For his exciting cameo in Nithiin and Sreeleelas upcoming romantic action entertainer titled Robinhood, Australian Cricketer ...
The AI and crypto czar divested a substantial portfolio of crypto holdings before he entered the White House, according to a ...
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