Robinhood Eyes Crypto.com Prediction Market Integration
Crypto.com and Robinhood are reportedly in talks to integrate prediction markets into Robinhood's platform. According to reports, this would allow Robinhood clients to access Crypto.com event contracts without needing a separate app or trading account.
The news comes as Robinhood is expanding its presence in the prediction market space. Bernstein estimates that Robinhood's event contract business could surpass cryptocurrency revenue by 2028, with potential earnings of $1.7 billion.
Crypto.com has been rapidly growing its event contract menu since entering the space in late 2024. A partnership with Robinhood would be a significant boost to Crypto.com's market share, as the fintech company has over 27 million funded accounts and more than one million clients trading event contracts.