Robinhood partners with Crypto.com and OG.com to expand prediction markets, takes minority stakes
Robinhood Markets has agreed to integrate Crypto.com's yes-or-no prediction contracts onto its platform and acquire minority stakes in Crypto.com and its prediction-markets unit OG.com. The deal, with undisclosed financial terms, values Crypto.com at $20 billion and OG.com at $5 billion. Robinhood will route retail volume through OG.com's CFTC-regulated exchange starting September 8, 2026. Robinhood's event contract revenue surged over 10x year-over-year to $156 million in Q2, with 13.6 billion contracts traded.
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Robinhood Takes Equity Stake in Crypto.com, Taps Exchange to Power Prediction Markets
Robinhood announced it will take minority equity stakes in Crypto.com and OG.com, the prediction markets platform spun off by Crypto.com. Under the agreement, OG.com will serve as an infrastructure and clearing provider for Robinhood's prediction markets, processing and settling trades placed by customers. Robinhood will route retail volume through OG.com's CFTC-regulated exchange, with the rollout beginning in phases to eligible U.S. customers starting September 8, 2026. The equity stakes are priced in line with Citadel Securities' July investment that valued Crypto.com at $20 billion, while OG.com's standalone valuation is $5 billion. Robinhood's event contract revenue surged more than 10-fold year-over-year to $156 million in Q2, making prediction markets its fastest-growing business line. The deal gives Robinhood a third infrastructure supplier for prediction markets, adding to existing partnerships with Kalshi and its own Rothera exchange. Crypto.com CEO Kris Marszalek called the tie-up a "game changer," while Robinhood VP JB Mackenzie said it gives the company "more skin in the game."
Robinhood Partners with Crypto.com to Expand Prediction Markets via OG.com
Robinhood (NASDAQ: HOOD) has announced a partnership with Crypto.com and its derivatives platform OG.com to expand its prediction markets business. Under the agreement, Robinhood will route a portion of its football prediction contracts to OG.com's CFTC-regulated exchange and clearinghouse, with the first contracts going live ahead of the new professional football season. Robinhood will receive equity stakes in both Crypto.com and OG.com following OG.com's planned spin-off, valued in line with Citadel Securities' recent $20 billion valuation of Crypto.com Group, placing OG.com's standalone valuation at $5 billion. The partnership comes as Robinhood's prediction markets business posts record activity, with customers trading 13.6 billion event contracts in Q2 and over 45 billion contracts since launch two years ago. OG.com joins Kalshi, ForecastEX, and Rothera as venues handling Robinhood's event contracts. Robinhood is also upgrading its football prediction markets with live data and a dedicated hub, and preparing a hub for the 2026 U.S. midterm elections.
Robinhood strikes prediction markets deal with Crypto.com
Robinhood Markets has struck a multi-year deal to carry Crypto.com's yes-or-no prediction contracts on its app, while also acquiring minority stakes in Crypto.com and its prediction-markets unit OG.com. Terms were not disclosed. Under the arrangement, event contracts from OG.com will be available on Robinhood's platform. Crypto.com spun OG out into a stand-alone company. Citadel Securities previously bought stakes in both entities in July, valuing Crypto.com at $15 billion and OG at $5 billion. Crypto.com CEO Kris Marszalek said the partnership aims to attract more traders and institutions, with equity-linked perpetual futures also discussed pending regulatory approval. Robinhood's JB Mackenzie said the deal provides competitive pricing and broader contracts, timed with football season and midterm elections. Robinhood's event contracts revenue surged over 10x year-over-year to $156 million in Q2, with 13.6 billion contracts traded. The broader prediction markets sector has seen intense competition, with combined trading volume on Kalshi and Polymarket surpassing $130 billion in 2026. Crypto.com is working toward an IPO but has not set a timeline.
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Robinhood Markets to Add Prediction Contracts, Take Minority Stakes in Crypto Exchange
In an exclusive report, the Wall Street Journal reveals that Robinhood Markets has agreed to integrate yes-or-no prediction contracts from a digital-currency exchange onto its trading platform. As part of the deal, Robinhood will also acquire minority stakes in both the digital-currency exchange and its prediction-markets business. This strategic move expands Robinhood's offerings into event-based trading, allowing users to bet on binary outcomes. The partnership signals growing convergence between traditional brokerage platforms and prediction markets, which have gained popularity for forecasting political, economic, and cultural events. The financial terms of the agreement were not disclosed in the source item. The development positions Robinhood to compete with other platforms offering similar prediction contracts, while deepening its involvement in the cryptocurrency and alternative trading sectors.
Robinhood to Add Kalshi Prediction Contracts and Take Minority Stakes in Exchange
Robinhood Markets has agreed to integrate Kalshi's yes-or-no prediction contracts onto its trading platform, marking a significant expansion into event-based trading for the retail brokerage. As part of the deal, Robinhood will also acquire minority stakes in Kalshi's digital-currency exchange and its prediction-markets business. The agreement signals a growing convergence between traditional trading platforms and prediction markets, which allow users to bet on the outcomes of events ranging from economic data releases to political elections. Kalshi, a regulated prediction market exchange, offers contracts that are settled based on real-world events. The partnership could bring these products to Robinhood's large user base, potentially increasing retail participation in prediction markets. Financial terms of the deal were not disclosed in the announcement. The move comes as prediction markets gain popularity as alternative tools for forecasting and hedging, and as Robinhood continues to diversify its offerings beyond stocks and cryptocurrencies.