Robinhood Expands Prediction Markets Partnership with Crypto.com
Robinhood has entered a multiyear agreement with Crypto.com to expand its prediction markets business by integrating contracts from OG, Crypto.com's prediction-markets platform. The deal includes minority stakes in both Crypto.com and OG, enhancing Robinhood’s network that already features Kalshi and Rothera. The partnership aims to provide better pricing and more diverse contract options for users while increasing institutional interest through retail trading flow exposure. Prediction markets have become a significant revenue driver for Robinhood, with $156 million in event contract revenue reported in Q2 2026—surpassing earnings from equities and crypto combined. Robinhood's prediction market engagement has grown rapidly: customers traded over 6 billion contracts in July alone. The deal also aligns with broader strategic moves like the launch of Rothera, a joint venture with Susquehanna International Group.
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