Robinhood Challenges Polymarket with New Prediction Market

TL;DR Robinhood launches a new prediction market through the Kalshi platform, regulated by the CFTC, allowing bets on events such as interest rates and NCAA tournaments. The initiative positions the firm in direct competition with Polymarket, which gained popularity during the U.S. presidential elections. Robinhood’s stock rose 2.3%, reaching $40.17 per share, reflecting investor interest. Robinhood has launched a new prediction market, available through the Kalshi platform, which is regulated…   

Crypto Economy – Read More