PANews
PANews|12月 18, 2025 01:27
[Mizuho: Robinhood May Have Greater Advantage Over Coinbase in Predicting Market Growth Potential] According to a report by CoinDesk, a survey conducted by Japanese investment bank Mizuho indicates that Robinhood may have higher revenue growth potential from prediction markets compared to Coinbase, as users participate using new funds rather than selling existing holdings. Analysts found that Robinhood and Coinbase users are significantly more likely to engage in prediction market trading than other investors, with trading activity primarily focused on economic events (81%) and political events (49%), followed closely by sports events (47%). The bank has raised its revenue forecast for Robinhood but lowered Coinbase's target stock price from $320 to $280 due to concerns that prediction market activity might cannibalize cryptocurrency trading business, while reiterating a 'neutral' rating for the stock.
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