alt Hacker NewsThey're so tied to crypto that i'm surprised they haven't been tempted to diversify into other asset classes, or even yolo into prediction markets like robinhood did.
It would be slop, but the market would love it
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gip • yesterday at 8:43 PM
Very curious why they haven’t diversified into real world assets. It seems like an obvious move, even if the margins would be lower than their fee business (~85% margins!!).
They’ve added tokens and altcoins to the platform, but I don’t think that’s a particularly strong long-term bet.
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lxgr • yesterday at 9:46 PM
Have they not? When I log in, I'm given the option to trade (apparently stocks, futures, commodities) and predict (via Kalshi, I think).
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I was logged in when I read your comment, so I flicked over to the tab to see what they have. There is a whole "Predict" section of the site I'd not looked at before with sports betting, elections, commodities etc.