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.
Mizuho: Robinhood may have an advantage over Coinbase in predicting market growth potential.
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Author: PA一线
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