Mizuho: Robinhood may have an advantage over Coinbase in predicting market growth potential.

PANews reported on December 18th that, according to CoinDesk, a survey by Japanese investment bank Mizuho shows that Robinhood's revenue growth potential from prediction markets may be higher than Coinbase's, as users use new funds rather than selling existing holdings to participate. Analysts found that Robinhood and Coinbase users are far more likely to participate in prediction market trading than other investors, with trading activity primarily concentrated on economic events (81%) and political events (49%), followed by sporting events (47%). The bank raised its revenue forecast for Robinhood but lowered its target price for Coinbase from $320 to $280 due to concerns that prediction market activity could cannibalize its cryptocurrency trading business, reiterating its "neutral" rating on the stock.

Share to:

Author: PA一线

This content is for informational purposes only and does not constitute investment advice.

Follow PANews official accounts, navigate bull and bear markets together
Recommended Reading
8 hour ago
15 hour ago
15 hour ago
19 hour ago
2025-12-18 01:19
2025-12-17 23:56

Popular Articles

Industry News
Market Trends
Curated Readings

Curated Series

App内阅读