Robinhood’s 2024 election contracts showed Donald Trump as the frontrunner at 57 cents, with Vice President Kamala Harris trailing at 45 cents. Winning candidate contracts will pay out $1 each.

Robinhood announced on Monday it is tapping into a growing politics prediction market by allowing users to trade Kamala Harris or Donald Trump contracts on the 2024 presidential election.

Digital trading platform Robinhood will allow customers to place bets on the outcome of the presidential race through event-specific trading contracts. The new product will let customers pick ...