Robinhood is reportedly in discussions with Crypto.com about a partnership that would expand Robinhood’s prediction markets business as event contract trading volumes continue to rise.

The Wall Street Journal first reported the talks, citing people familiar with the matter. According to the report, the discussions focus on integrating Crypto.com’s event contract products into Robinhood’s trading platform. The arrangement would give Robinhood users access to yes-or-no contracts linked to real-world outcomes.

The talks point to Robinhood’s continued effort to broaden its trading products beyond traditional equities and crypto assets. Prediction markets allow users to trade contracts based on the outcome of specific events, including economic decisions, elections, and major sports competitions. These contracts typically settle based on whether a defined event occurs, making distribution, liquidity, and regulatory treatment central issues for platforms trying to scale the product category.

Robinhood Looks Beyond Current Prediction Market Partners

Robinhood already offers prediction market contracts through Kalshi. Those contracts allow traders to take positions on outcomes such as Federal Reserve interest rate decisions and major sporting events. Political and economic developments have also attracted significant activity on prediction market platforms.

Robinhood also works with other partners in the sector. ForecastEx, which is owned by Interactive Brokers, supplies contracts alongside Rothera, a venture backed by Susquehanna International Group. Adding Crypto.com would provide Robinhood with another major supplier in a market that continues to draw new entrants.

Kalshi and Robinhood initially entered the prediction market space as partners. Industry observers now describe the two companies as increasingly direct competitors. A potential Crypto.com agreement could further intensify that rivalry by expanding Robinhood’s access to event contract products from another provider.

📈 Robinhood Reportedly in Talks with to Expand Its Prediction Markets Business

According to The Wall Street Journal, @RobinhoodApp is in discussions with @cryptocom to significantly expand its presence in the fast-growing prediction markets industry.… pic.twitter.com/JpXjOashD6

— WallStreetX (@WallStreetXHQ) July 25, 2026

Crypto.com Expands Its Prediction Market Distribution

Crypto.com entered prediction markets through its derivatives arm in late 2024. The company later launched a standalone platform called OG in February 2026, marking a more aggressive move into event-based trading.

Crypto.com also reached a partnership with Trump Media in late 2025. That agreement brought prediction market services to the Truth Social platform.

The expansion reflects Crypto.com’s strategy of placing its contracts across multiple consumer-facing platforms rather than relying on a single distribution channel. A partnership with Robinhood would extend that reach into one of the largest retail trading apps in the United States. Robinhood’s user base would give Crypto.com another channel for scaling event contract volume, while Robinhood would gain access to another source of event contracts without building all market infrastructure internally.

Prediction Market Volumes Continue to Grow

Bernstein estimates that Robinhood could generate $1.7 billion in prediction market revenue by 2028. The firm also projects that industry-wide volumes could reach $1 trillion by 2030. Those estimates indicate that the sector remains in an early stage of growth.

Recent event-based markets have already produced large trading volumes. World Cup prediction market volume reached $27 billion, according to reported figures. Super Bowl prediction market volume came in near $1 billion. Both figures show the scale of sports-related event contracts within the broader prediction market industry.

Regulation remains a central unresolved issue for prediction market operators. Federal and state authorities continue to dispute jurisdiction over event contracts. That uncertainty could affect how quickly platforms such as Robinhood and Crypto.com expand their offerings, even as trading volumes continue to increase. For users and platforms, the next key developments are likely to center on which contracts can be listed, where they can be offered, and how regulators classify event-based trading products.