Robinhood will route event contracts through OG.com’s CFTC-regulated infrastructure as it expands its prediction markets business.
Cointelegraph•Cointelegraph by Nate Kostar8 Sept
Robinhood will also acquire equity stakes in Crypto.com and OG.com, which will be valued based on Crypto.com's recent $20 billion valuation.
The Block•Jason Shubnell8 Sept
Robinhood has signed a multi-year deal to route selected event contracts through OG.com while taking equity stakes priced against $20 billion and $5 billion valuations for Crypto.com and OG.com, respectively. Robinhood adds OG.com as an event-contract provider Robinhood and OG.com…
The multi-year deal makes OG.com the infrastructure and clearing engine behind Robinhood's fastest-growing business.
Robinhood began sending a selection of football event contracts to Crypto.com's CFTC-regulated exchange on Tuesday and will hold stakes in both Crypto.com and OG.com, the prediction-market venue being spun out of it at a $5 billion valuation.
The Defiant•The Defiant Team8 Sept
Robinhood will add OG.com prediction markets and take minority stakes in both OG and Crypto.com as it expands its event-contract business.
Robinhood Chain's credit market expansion for $PONS holders could enhance liquidity but risks volatility-induced forced selling.
CryptoBriefing•Editorial Team8 Sept
Robinhood has selected OG.com as an infrastructure and clearing partner for its prediction markets business.
Robinhood's expansion into prediction markets diversifies its revenue streams, potentially reshaping the competitive landscape in financial trading.
CryptoBriefing•Editorial Team8 Sept
Over $700 million worth of Ethereum tokens have now been bridged from the Ethereum blockchain to Robinhood Chain following a 150% surge in one month.
U.Today•Caroline Amosun8 Sept
Robinhood's expansion into prediction markets with Crypto.com could redefine its revenue streams, potentially surpassing crypto transactions by 2026.
CryptoBriefing•Editorial Team8 Sept
Nasdaq-listed Cypherpunk Holdings distanced itself from a stock token bearing the Zcash ticker on Robinhood’s blockchain and clarifying it only holds the privacy coin. Cypherpunk Says It Only Holds ZEC Nasdaq-listed Cypherpunk Holdings has distanced itself from a crypto token using its name on Robinhood’s blockchain platform, joining a growing list of public companies condemning […]
Bitcoin.com News•Terence Zimwara8 Sept
Robinhood’s AMC stock token gained an onchain premium, but dynamic issuance and arbitrage limited its ability to squeeze the real stock.
Growing demand for tokenized stock trading may drive the Robinhood chain’s annual fees to $160 million by 2028, predicted analysts from Bernstein.
Cointelegraph•Cointelegraph by Zoltan Vardai8 Sept
PopDEX starts a new trading rewards round and Meme Gang War featuring PONS, CASHCAT and MARSCOIN, with both campaigns ending Sept. 20.
Bernstein sees 31% upside for Robinhood as its new chain tops Solana in fees, generating $33 million over 15 days.
The Block•Brian Danga8 Sept
Uniswap founder Hayden Adams says the protocol’s annualized UNI burn rate has passed $250 million, up from the $200 million pace he flagged days earlier. From $200M to $250M in a Single Post Adams marked the milestone with a simple message, “Update: now over $250m,” quoting his own earlier post noting that the trailing seven-day […]
Bitcoin.com News•Shiraz Jagati8 Sept
Robinhood's entry into IPO underwriting could diversify its revenue streams and enhance its influence in financial markets.
CryptoBriefing•Editorial Team8 Sept
ARB is rallying as Robinhood Chain activity boosts Arbitrum ahead of a potential altcoin cycle.
AMBCrypto•Ritika Gupta7 Sept
Three tokenized stocks generated $7.1 billion in DEX volume, accounting for nearly 45% of the category's total activity.