Robinhood open to deals to grow prediction markets business, exec says

Core Viewpoint - Robinhood Markets is exploring potential acquisitions in the rapidly expanding prediction markets sector, indicating a strategic interest in diversifying its offerings as interest in this niche market grows [1] Company Summary - Robinhood Markets is actively considering acquisitions to enhance its presence in the prediction markets space, which has seen increased interest recently [1] Industry Summary - The prediction markets sector is experiencing significant growth, attracting attention from various players, including Robinhood, which suggests a shift in market dynamics and potential investment opportunities [1]