According to the Wall Street Journal via Cointelegraph, Robinhood is in talks with Crypto.com regarding prediction markets. This potential expansion comes as prediction market companies in the US navigate ongoing legal battles between state and federal authorities.
Prediction markets are consolidating around big distribution players, which likely means the integration and compliance bar rises for smaller teams wanting in. If you're building in this space, watch the state-versus-federal regulatory fight closely, since the outcome will shape whether you need a licensed partner or can operate directly. Worth checking whether any resulting infrastructure opens up API or settlement access on chains you already support.
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