Robinhood expands prediction markets with Crypto.com and OG.com partnerships

Robinhood announced a strategic partnership with Crypto.com and OG.com to broaden its prediction‑markets offering. The brokerage will route a selection of event contracts to OG.com and take equity stakes in both Crypto.com and OG.com, pricing the stakes in line with Crypto.com’s recent $20 billion valuation.

Partnership details

The deal begins with football contracts ahead of the 2026 NFL season. Robinhood will continue to route contracts to existing venues such as Kalshi, ForecastEX and Rothera, giving customers access to a wider variety of contracts, including game outcomes, player contracts and custom combos.

Equity component

Robinhood’s equity stakes in Crypto.com and OG.com will be valued based on the recent investment by Citadel Securities in Crypto.com Group at a $20 billion valuation.

New election hub

In addition to sports contracts, Robinhood will launch a dedicated election hub featuring interactive heat maps that display candidate performance and, after polls close, show vote counts and the percentage of expected votes counted.

Performance highlights

• In the first eight months of the year, Robinhood’s prediction‑markets business recorded record revenues and volumes.
• Q2 trading volume reached 13.6 billion event contracts, including 5 billion during the World Cup.
• Q2 revenue from prediction markets was about $156 million, a 50 % increase from the prior quarter.
• This period marked the first time the prediction‑markets segment out‑earned Robinhood’s crypto business.