Robinhood looks better placed than Coinbase for prediction-market upside, Mizuho says
Robinhood (HOOD) could see more revenue upside from prediction markets than Coinbase (COIN) as users deploy fresh cash rather than sell existing holdings, according to a survey by Japanese investment bank Mizuho (MFG). "We expect a bigger percentage revenue benefit to HOOD vs. COIN given that the survey showed that users on that platform are more inclined to fund prediction markets portfolio with fresh money," wrote analysts Dan Dolev and Alexander Jenkins, in the Tuesday report. Robinhood and Coinbase ...