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Robinhood says it is open to prediction-market acquisitions

Business

Robinhood executive JB Mackenzie said the company would consider acquiring a prediction-markets business if a suitable opportunity arose. Robinhood already offers prediction markets through a partnership with Kalshi; Mackenzie also described the company’s ability to develop products in-house, without announcing a plan to do so.

A potential acquisition or in-house product could affect Robinhood’s existing prediction-market partnership with Kalshi.

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