Robinhood is reportedly negotiating a deal to integrate Crypto.com's prediction market contracts directly into its trading app, allowing users to trade yes-or-no event contracts without leaving the platform. The talks, disclosed by The Wall Street Journal, could expand Robinhood’s prediction market offerings beyond its current partners.
Launched in March 2025, Robinhood’s prediction market hub initially partnered with Kalshi to comply with US CFTC regulations, later adding ForecastEx and Rothera as additional contract sources. Rothera, a CFTC-licensed exchange in which Robinhood invested alongside Susquehanna International Group in 2025, represents the company’s approach to combining its affiliates with outside platforms. Adding Crypto.com would further diversify its marketplace access.
So far in 2026, over 16 billion event contracts have traded on Robinhood’s platform, surpassing last year’s total of 12 billion. This surge underpins Bernstein analysts' forecast that prediction market revenues could reach $1.7 billion by 2028, leading them to raise Robinhood’s price target to $160.
Crypto.com’s own prediction market platform, OG, launched in February 2026 and has seen weekly activity grow approximately 40-fold in the six months prior, powered by its CFTC-registered Derivatives North America exchange. The company has also provided prediction market infrastructure to partners like Fanatics, signaling its growing presence in this space.
Kalshi remains a major player in US prediction markets, with trading volumes hitting $27 billion for events like the World Cup. Yet Kalshi’s CEO acknowledges Robinhood as a strong competitor as the brokerage diversifies its contract sources. Since Rothera’s launch, Robinhood-affiliated trading volumes have taken an increasing share away from Kalshi.
