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ARK says Robinhood is readying for a prediction-markets supercycle

  • ARK says Robinhood is readying for a prediction-markets supercycle — ARK Investment Management analyst Varshika Prasanna says Robinhood is on the cusp of a prediction-markets supercycle following its YES/NO event last week, with event contracts live on the Legend platform for active traders. ARK argues prediction markets are becoming retail investment tools offering direct exposure to real-world outcomes, similar to derivatives and futures. (GambleRss)

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