Robinhood is reportedly in talks with Crypto.com to expand prediction markets as event contract trading volume surges.
Robinhood is reportedly exploring a partnership with Crypto.com to expand its prediction markets business.
The Wall Street Journal first reported the talks, citing people familiar with the matter. The discussions center on integrating Crypto.com’s event contract products into Robinhood’s trading platform.
Users would gain access to yes-or-no contracts tied to real-world outcomes. The move signals Robinhood’s push to broaden its footprint beyond traditional stock and crypto trading.
Robinhood Expands Beyond Existing Prediction Market Partners
Robinhood already offers prediction market contracts through Kalshi.
The platform lets traders bet on outcomes like Federal Reserve rate decisions and major sporting events. Political and economic developments also draw significant trading interest on these platforms.
The company works with additional partners too.
ForecastEx, owned by Interactive Brokers, supplies contracts alongside Rothera, a venture backed by Susquehanna International Group. Adding Crypto.com would give Robinhood another major supplier in a market that keeps drawing new entrants.
Kalshi and Robinhood started as partners in this space. Industry observers now describe the two as increasingly direct competitors. A Crypto.com deal could deepen that rivalry further.
📈 Robinhood Reportedly in Talks with https://t.co/p8eXHE6SOU to Expand Its Prediction Markets Business
According to The Wall Street Journal, @RobinhoodApp is in discussions with @cryptocom to significantly expand its presence in the fast-growing prediction markets industry.… pic.twitter.com/JpXjOashD6
— WallStreetX (@WallStreetXHQ) July 25, 2026
Crypto.com Builds Out Its Prediction Market Footprint
Crypto.com entered prediction markets through its derivatives arm in late 2024.
The company later launched a standalone platform called OG in February 2026. That launch marked a more aggressive push into event-based trading.
Crypto.com also struck a partnership with Trump Media in late 2025. That deal brought prediction market services to the Truth Social platform.
The expansion shows Crypto.com’s strategy of placing its contracts across multiple consumer-facing platforms rather than relying on a single distribution channel.
A tie-up with Robinhood would extend that reach into one of the largest retail trading apps in the United States. Robinhood’s user base gives Crypto.com another avenue to scale its event contract volume.
Read also:
Robinhood CEO Says Trading Isn’t Gambling, Confirms Trump Accounts
Prediction Market Volume Keeps Climbing Toward 2030
Bernstein estimates Robinhood could generate $1.7 billion in prediction market revenue by 2028. The firm also projects industry-wide volumes could reach $1 trillion by 2030. Those figures point to a sector still in its early growth phase.
Recent events already show the scale involved. World Cup prediction market volume reached $27 billion, according to reported figures.
Super Bowl prediction market volume came in near $1 billion. Both numbers underscore how quickly sports-driven event contracts have grown.
Regulation remains the biggest unresolved question for the industry.
Federal and state authorities continue disputing jurisdiction over event contracts. That uncertainty could shape how fast platforms like Robinhood and Crypto.com can scale their offerings, even as trading volumes keep climbing.
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