Robinhood partners with Crypto.com to expand its prediction markets, boosting football event contracts trading.

Robinhood has partnered with Crypto.com to expand its prediction markets business by routing select football-related event contracts to Crypto.com’s CFTC-regulated exchange and clearinghouse. This move aims to create a more diverse and resilient marketplace amid rising interest, with Robinhood reporting record volumes including 13.6 billion event contracts traded in Q2 and over 5 billion during the World Cup. The partnership follows Robinhood's recent collaborations with other exchanges and reflects its strategy to grow its prediction market footprint ahead of major events like football season and U.S. midterms. Crypto.com also recently launched AI Predictions Market Contracts, adding innovative market intelligence products to the space.