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Robinhood Expands Prediction Markets Amid Regulatory Challenges

11/6/2025

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Story summary
  • Robinhood is expanding its prediction markets to entertainment, politics, and technology, partnering with Kalshi, a CFTC-regulated exchange.
  • The expansion aims to diversify Robinhood's offerings beyond traditional stocks and cryptocurrency.
  • Robinhood reported nearly $1 billion in Q2 2025 prediction market trading volume.
  • Crypto.com is entering the entertainment prediction market through a partnership with Hollywood.com.
  • Both companies face regulatory challenges in sports betting while pursuing pop culture predictions.