HOOD

Robinhood has taken an equity stake in Crypto.com and will use the exchange as the infrastructure and clearing engine for its fastest-growing business. The move is part of a multi‑year deal that expands Robinhood’s prediction markets.

Great Hill Capital Chairman and Managing Member Thomas Hayes and AllSource Investment Management founder and Managing Partner Patrick Kennedy join Yahoo Finance Executive Editor Brian Sozzi to discuss Robinhood (HOOD) serving as the underwriter for Oura ahead of its IPO and whether the platform is accumulating a reputation as a bank.

Robinhood is expanding its prediction markets by partnering with Crypto.com. The partnership is expected to broaden the company’s event‑contract offerings.

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 enters IPO underwriting with Oura, aiming to grow retail allocations, deepen issuer ties, and add a new fee‑based revenue stream.

Strategy did not buy or sell Bitcoin last week, and the stock is falling as Bitcoin prices retreat.

Robinhood Markets Inc. will take equity stakes in Crypto.com and its prediction-markets platform spinoff OG.com as part of a multiyear agreement that will add another provider of event contracts to the brokerage’s predictions business.

Robinhood added Crypto.com’s OG event contracts to its app and bought minority stakes in the exchange and its prediction markets business, boosting the stock after a price target hike.