Robinhood Expands Prediction Markets with Crypto.com and OG.com Partnerships
Robinhood is expanding its prediction markets business through new partnerships with Crypto.com and OG.com. The move comes as the company's event contract revenue and trading volume continue to grow.
The partnerships will allow Robinhood to route a selection of event contracts to multiple venues, including Crypto.com and OG.com, in addition to existing partners such as Kalshi, ForecastEX, and Rothera. This is expected to create a more diverse and resilient marketplace for customers.
Routine event contracts to multiple venues helps create a stronger, more diverse and resilient marketplace
, said JB Mackenzie, Robinhood's vice president and general manager of Futures and Prediction Markets.