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Robinhood Markets has agreed to add Crypto.com's yes-or-no contracts to its trading platform and take minority stakes in the digital-currency exchange and its prediction-markets business.
The deal represents a multiyear accord that integrates event contracts backed by Crypto.com's OG.com unit into the Robinhood app.
The Wall Street Journal reported in July that the two companies had been discussing ways to expand Robinhood's prediction-markets offerings.
The partnership marks Robinhood's latest move into event-based contracts, a market that has attracted significant interest from individual traders despite an uncertain regulatory outlook.
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