Robinhood CEO, Vlad Tenev, believes that prediction markets are the future of trading and information.
Tenev wants Robinhood to play a leading role in the development of prediction markets.
Prediction markets are bets on the outcome of future events, and if enough people participate, they can serve as a strong indicator of what might happen.
Robinhood had success with its prediction market for the 2024 presidential election, and Tenev believes that prediction markets are here to stay.