Robinhood Weighs Adding Crypto.com Prediction Contracts Amid Growing Competition

Robinhood is in talks to add prediction-market contracts from Crypto.com to its platform.

This move would expand the sources of event contracts available to Robinhood users, who have already traded over 16 billion such contracts this year.

Crypto.com launched its own prediction-market platform, OG, targeting the U.S. market in February, and saw weekly trading activity rise about 40-fold.

Kalshi, another company offering event contracts to Robinhood users, views Robinhood as a major competitor, according to CEO Tarek Mansour.