The investing app will offer a predictions market hub. Early offerings include bets on March Madness and the direction of interest rates.

Robinhood launched a “prediction markets hub," allowing customers to buy and sell contracts (including for sports events) anywhere in the U.S.

(Reuters) -Trading platform Robinhood on Monday launched a prediction markets hub in its app that allows customers to trade on event outcomes, including the expected upper limit of the Federal Reserve funds rate in May.