The prediction market has listed contracts for betting on events including a prospective Trump impeachment.
Read moreUS presidential race bets near $4B on election day
Polymarket dominates with around $3.3 billion in betting volumes tied to the outcome of the US presidential race.
Read moreRobinhood, Kraken, Paxos launch Global Dollar stablecoin network
A swathe of major firms from traditional finance have partnered to launch the Global Dollar Network, a regulation-compliant network designed to accelerate the adoption of
Read moreCrypto Pays Off: Robinhood Posts 165% Revenue Growth In Q3 Earnings Report
Robinhood, a popular American financial services company, is finally out of the woods. In its third-quarter filing ending September 30th, 2024, the company disclosed its
Read moreRobinhood launches US presidential elections bets for Harris and Trump
The platform said it was “committed to democratizing finance for all,” but would not endorse either the Democratic or Republican candidate in 2024.
Read moreRobinhood Launches Election Bets as Polymarket, Kalshi Draw Millions — But for How Long?
As Robinhood rolls out its presidential election event contracts, the prediction markets Polymarket and Kalshi are drawing in substantial multi-million-dollar revenues tied to election-related trading.
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