Why Cantor Fitzgerald thinks Robinhood and Coinbase are the best ways to play the prediction market boom
CoinDesk·5h ago·Neutral
What Happened
Cantor Fitzgerald report identifies Robinhood and Coinbase as primary beneficiaries of prediction market growth. Both companies offer event-based trading in their platforms. Robinhood launched prediction markets after 2024 election; users traded billions of contracts. Coinbase uses Kalshi infrastructure for offerings. Platforms earn fees from trading activity, not bets. Regulation remains uncertain across federal and state authorities.
Key Entities
Cantor FitzgeraldRobinhoodCoinbaseKalshiPolymarketRamsey El-Assalprediction markets2024 U.S. election