Robinhood Markets CEO Vlad Tenev expects crypto prediction markets to take a growing share of the companys event-contract business, potentially pushing sports-related contracts into the minority within the next few years. Speaking with CNBCs Jim Cramer on Mad Money, Tenev said Robinhood is already seeing strong demand for crypto-linked event contracts. He argued that prediction markets extend well beyond sports betting by allowing users to trade yes-or-no contracts tied to the outcomes of future events. Were already seeing other categories like crypto taking a disproportionate share. And I… Read more
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