Robinhood adds $20B prediction-market partnership
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- Robinhood Markets will route some football contracts through Crypto.com and OG.com.
- The company traded 13.6 billion event contracts in Q2, generating about $156 million in revenue.
- The move expands Robinhood’s prediction-market network before the NFL season and 2026 US midterms.
Robinhood Markets has partnered with Crypto.com and OG.com to expand its prediction-market offering.
The deal includes equity stakes in both companies, priced against Crypto.com Group’s recent $20 billion valuation.
“Routing event contracts to multiple venues helps create a stronger, more diverse and resilient marketplace,” said JB Mackenzie, VP and GM of Futures and Prediction Markets at Robinhood.
Robinhood will initially route selected football contracts through OG.com while keeping Kalshi, ForecastEX and Rothera as other venues.
Following the announcement, Robinhood Markets share price was down 3.91% at $117.34.
The company said customers will get contracts covering game results, player statistics and custom combinations this season.
Robinhood also plans an election hub with interactive maps and vote-counting data for the 2026 US midterm elections, after prediction markets generated about $156 million in Q2 revenue.
