Robinhood Partners With Crypto.com to Widen Prediction Markets Push

Robinhood announced a strategic partnership with Crypto.com and its prediction markets platform, OG.com, expanding the brokerage's event-contract offering and giving it access to another federally regulated trading venue. The timing places the expanded product ahead of the U.S. football season and the November midterm elections, two of the highest-volume periods for event contracts.

Prediction markets have become one of Robinhood's faster-growing revenue lines, sitting alongside an emerging blockchain business that analysts are watching closely. Bernstein estimates Robinhood Chain has generated roughly $39 million in cumulative fees since its July 1 launch, and projects about $160 million in annual fees by 2028.

The move continues a pattern of Robinhood building out adjacent trading products rather than relying on equities and crypto order flow alone. Regulatory treatment of event contracts remains a live question across venues, and the partnership structure gives the company exposure to the category through a licensed counterparty.