Why is Robinhood (NASDAQ:HOOD) talking with Crypto.com?

Robinhood (NASDAQ:HOOD) is reportedly exploring a partnership that would add Crypto.com prediction market contracts to its platform. The companies have not announced a final agreement.

What are prediction markets?

Prediction markets allow users to trade contracts based on the outcome of future events, such as elections, sports, economic data releases or cryptocurrency price movements.

Has Robinhood (NASDAQ:HOOD) agreed to a deal with Crypto.com?

No. The companies are reportedly holding discussions, but there is no guarantee that a partnership will be completed.

Why are prediction markets growing?

Prediction markets have attracted more users as traders seek new ways to speculate on real-world events. More financial firms are entering the sector as demand increases.

How could the partnership affect Robinhood (NASDAQ:HOOD)?

If completed, the partnership could expand Robinhood's (NASDAQ:HOOD) range of prediction market products and strengthen its position in a rapidly growing segment of digital finance.

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Robinhood explores Crypto.com prediction market partnership

Written by Brie CarterPublished Jul 27, 2026, 12:22 AM

Robinhood is reportedly in talks with Crypto.com over a prediction markets partnership.
The proposed deal would expand Robinhood's event contract offerings.
The discussions reflect growing competition in the prediction markets sector.

Robinhood is reportedly in discussions with Crypto.com to add the exchange's prediction market contracts to its platform as competition in the sector intensifies.

The proposed partnership would allow Robinhood users to trade Crypto.com's yes-or-no event contracts alongside products already offered through exchanges such as Kalshi, ForecastEx and Rothera, although no agreement has been reached.

Robinhood said it plans to continue working with multiple exchanges to give customers access to a broader range of prediction markets as the industry expands.

Prediction markets have become one of the fastest-growing areas of financial trading, with companies competing to offer contracts linked to sporting events, elections, economic data and cryptocurrency prices.

The talks highlight Robinhood's broader strategy of expanding beyond traditional stock and cryptocurrency trading as fintech firms compete for a larger share of digital financial services.