Robinhood Stakes in Crypto.com, OG.com — SkimNews
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- Robinhood is taking equity stakes in both Crypto.com and OG.com as part of a deal to expand its prediction markets business
- Crypto.com will power Robinhood's prediction markets exchange, with the partnerships timed ahead of the NFL season per cross-coverage
Why it matters: Robinhood is using equity stakes in two established crypto exchanges — rather than building prediction-market infrastructure from scratch — to scale the product, with the NFL-season timing positioning the launch against peak sports-betting demand.
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