Robinhood strikes prediction-markets deal with Crypto.com, takes stake

Robinhood has struck a deal with Crypto.com to add prediction market contracts to its platform and is taking a stake in the digital-currency exchange, according to the Wall Street Journal. No financial terms or launch timeline were disclosed.

The partnership pairs a major retail brokerage's push into event contracts with one of the largest crypto exchanges, deepening both firms' presence in prediction markets as the CFTC works on new rules for the sector. It follows Robinhood's broader expansion into derivatives and tokenized offerings.