Robinhood launches prediction market with March Madness, Fed rates as first offerings

Quick Summary:

The move underscores Robinhood's push into the fast-growing field of prediction markets.

"”[These markets] play an important role at the intersection of news, economics, politics, sports, and culture.

The spokesperson also confirmed that Robinhood has not invested in Kalshi.

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Article Details

Author / Journalist: Jeff John Roberts

Category: EconomyBusiness

Markets: United States

Topics: Robinhood NCAA March Madness Federal Reserve

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-17 @ 13:00:00 (1 days ago)

News Timezone: GMT +8:00

News Source URL: fortune.com

Language: English

Article Length: 393 words

Reading Time: 3 minutes read

Sentences: 4 lines

Sentence Length: 99 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Fortune

News ID: 27084381

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About Fortune

Main Topics: EconomyBusiness

Official Website: fortune.com

Update Frequency: 25 posts per day

Year Established: 1929

Headquarters: United States

News Last Updated: 10 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

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News Language: English

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Publisher ID: #95

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