(Robinhood in Talks with (((Crypto.com))) on Prediction Market Collaboration

According to WSJ, citing sources familiar with the matter, Robinhood is in discussions with (((Crypto.com))) regarding a partnership in the prediction market business. If the collaboration is finalized, the prediction market provided by (((Crypto.com))) will be integrated into Robinhood, allowing users to participate in (((Crypto.com)))'s prediction market through Robinhood. Previously, Robinhood primarily relied on partners such as Kalshi, Interactive Brokers' ForecastEx, and Rothera to provide contracts. This move could potentially lead to more direct competition between Robinhood and Kalshi.