BTCC
/
BTCC Square
/
Global Cryptocurrency
/
Robinhood Plans Global Expansion of Prediction Markets Following U.S. Launch
Robinhood Plans Global Expansion of Prediction Markets Following U.S. Launch
24
2
BTCCSquare news:
Robinhood (HOOD) is preparing to take its prediction markets product international, targeting Europe and the UK as key growth markets. The trading platform's vice president JB Mackenzie confirmed regulatory discussions are underway, including with the UK's Financial Conduct Authority, to ensure compliance.
The MOVE capitalizes on surging demand for event-based trading, amplified by crypto-native platforms like Polymarket. Robinhood recently partnered with CFTC-regulated Kalshi, enabling bets on real-world events—a market that has processed billions in wagers this year, particularly around the U.S. election.
By:
