Robinhood leads the prediction markets race as Coinbase plays catch-up
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YouTubeCNBC Television
Robinhood leads the prediction markets race as Coinbase plays catch-up
CNBC’s MacKenzie Sigalos reports on how Robinhood’s early push into event contracts is widening the stock gap as Coinbase turns to M&A to close the infrastructure gap.
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#Robinhood and #Coinbase are racing to own #predictionmarkets, but Robinhood’s early start is paying off, with shares up more than 200% this year while Coinbase lags. With both firms using acquisitions to scale and regulators recently taking a friendlier stance, the competition now comes down to who can deliver deeper liquidity, cleaner settlement and scale faster, CNBC's Mackenzie Sigalos reports. Watch more at the #linkinbio or tap on your screen. #CNBC
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#Robinhood and #Coinbase are racing to own #predictionmarkets, but Robinhood’s early start is paying off, with shares up more than 200% this year while Coinbase lags. With both firms using acquisitions to scale and regulators recently taking a friendlier stance, the competition now comes down to who can deliver deeper liquidity, cleaner settlement and scale faster, CNBC's Mackenzie Sigalos reports. Watch more at the #linkinbio or tap on your screen. #CNBC
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