Robinhood Markets is reportedly in discussions with Crypto.com to integrate the latter's prediction market contracts into its platform. The agreement would allow Robinhood users to trade yes-or-no contracts from Crypto.com’s prediction business, OG, directly within the Robinhood app.
The potential deal aligns with Robinhood's strategy to expand its prediction markets, a sector identified as a significant growth area. The company currently offers event contracts through providers Kalshi and ForecastEx while developing internal derivatives capabilities.
Neither company has officially confirmed the talks, and the discussions may not result in a final agreement. A Robinhood spokesperson stated the firm intends to partner with multiple exchanges to maintain a diverse marketplace for customers.