Coinbase (COIN) and Robinhood (HOOD) best positioned in prediction market space, says Cantor
Coinbase (COIN) and Robinhood (HOOD) best positioned in prediction market space, says Cantor
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Robinhood and Coinbase are racing to own prediction markets, 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: cnb.cx/4pnRWYH | CNBC
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Robinhood and Coinbase are racing to own prediction markets, 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: cnb.cx/4pnRWYH | CNBC
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