Robinhood Expands Prediction Markets with Crypto.com and OG.com
United States.- 10 September 2026 | www.zonadeazar.com Robinhood has expanded its prediction markets business through a partnership with Crypto.com and OG.com, adding new infrastructure to process part of its growing event-contract activity.
Under the agreement, selected football contracts offered through Robinhood will be routed to infrastructure connected with OG.com’s derivatives exchange and clearinghouse, operating under Commodity Futures Trading Commission oversight.
The transaction also gives Robinhood equity stakes in both Crypto.com and OG.com as prediction markets continue to become a more significant part of the company’s business.
New Prediction Markets Partnership
The partnership increases the number of venues available to support event contracts distributed through Robinhood.
Beginning on 8 September, the company started routing selected football contracts through OG.com’s infrastructure.
The launch comes ahead of the new US professional football season, a period expected to generate significant activity across sports-related event contracts.
OG.com Becomes an Infrastructure Partner
OG.com will act as an infrastructure and clearing provider for part of Robinhood’s Prediction Markets offering.
Its underlying derivatives exchange and clearing architecture operates under CFTC regulation.
The multi-year arrangement is also expected to become OG.com’s largest B2B prediction markets partnership by transaction volume.
More Venues for Event Contracts
OG.com joins an expanding group of venues supporting Robinhood event contracts.
These include:
- Kalshi.
- ForecastEX.
- Rothera.
- OG.com.
Robinhood can route contracts between different exchanges according to operational factors including availability.
The model is intended to provide additional capacity and diversify the infrastructure supporting growing customer demand.
Statements
JB Mackenzie, Vice President and General Manager of Futures and Prediction Markets at Robinhood, highlighted the benefits of working with several venues.
“Routing event contracts to multiple venues helps create a stronger, more diverse and resilient marketplace.”
The strategy is designed to support higher volumes while providing additional infrastructure for an expanding range of contracts.
Robinhood to Receive Equity Stakes
The arrangement extends beyond technology and contract routing.
Robinhood Markets will receive equity interests in both Crypto.com and OG.com.
The structure creates a direct ownership connection between Robinhood and two of the businesses supporting its prediction markets expansion.
Crypto.com Valued at $20 Billion
Robinhood’s Crypto.com stake will be priced consistently with Citadel Securities’ recent investment in Crypto.com Group.
That transaction valued the group at $20 billion.
The same reference valuation will be used in connection with Robinhood’s equity participation.
OG.com Valued at $5 Billion
The agreement also establishes a valuation reference for OG.com.
The trading platform is valued at $5 billion following its planned spin-off as an independent business.
The separation is intended to establish OG.com as a distinct derivatives and prediction markets trading platform.
13.6 Billion Contracts in Q2
The expansion follows a record quarter for Robinhood Prediction Markets.
Customers traded 13.6 billion event contracts during the second quarter of 2026.
Volumes increased more than tenfold year-on-year and reached a new quarterly record for the business.
$156 Million in Revenue
The growth in trading activity also generated meaningful revenue.
Event contracts produced $156 million in revenue during Q2 2026, more than ten times the amount reported one year earlier.
Robinhood generated total net revenue of $1.31 billion during the quarter, illustrating the increasing contribution of prediction markets to its broader business mix.
More Than 5 Billion World Cup Contracts
Major sporting events have emerged as an important driver of prediction markets activity.
More than 5 billion contracts were traded through Robinhood around the 2026 FIFA World Cup alone.
The figure demonstrates the ability of major sporting competitions to generate substantial customer demand for event-based products.
More Than 45 Billion Since Launch
Since launching its prediction markets operation roughly two years ago, Robinhood customers have traded more than 45 billion contracts.
More than 30 billion contracts were traded through August 2026 alone.
The rapid expansion provides a key rationale for adding new exchanges and clearing infrastructure.
Rothera Also Expanded Capacity
The Crypto.com and OG.com partnership follows previous moves to diversify Robinhood’s market infrastructure.
In June, Robinhood began routing contracts to Rothera, a CFTC-licensed exchange and clearinghouse independently managed through its joint venture with Susquehanna International Group.
Rothera had handled more than 3.5 billion contracts by the time Robinhood reported its second-quarter results.
Dedicated Football Hub
Robinhood is also expanding the product experience around prediction markets.
The company has introduced live data and developed a dedicated hub for football-related contracts.
The new section arrives as professional football returns in the United States and sports continue to represent a major source of event-contract activity.
2026 Midterm Elections Hub
The expansion extends beyond sport.
Robinhood is preparing a separate hub for the 2026 US midterm elections.
It will include contracts covering federal and state races, with some products potentially routed through Crypto.com and OG.com infrastructure.
How Prediction Markets Work
Prediction markets allow participants to trade contracts based on whether defined future events occur.
Prices represent the market value of positions linked to different potential outcomes.
On Robinhood, event contracts can trade in increments ranging from $0.01 to $1 and are worth $1 at settlement when the relevant outcome condition is satisfied.
Sports, Politics and Economics
Event contracts can cover a broad variety of subjects.
Key categories include:
- Sport.
- Politics.
- Elections.
- Economics.
- Financial markets.
- Crypto assets.
- Other objectively verifiable events.
This variety has positioned prediction markets at the intersection of information aggregation, retail trading and derivatives.
Increasing Regulatory Attention
Rapid growth has also increased regulatory focus in the United States.
In March 2026, the CFTC’s Division of Market Oversight issued an advisory addressing prediction markets and reminding Designated Contract Markets of their obligations under the Commodity Exchange Act and federal regulations.
The guidance also addressed issues with particular relevance to sports event contracts.
CFTC Reviews a New Framework
The regulator is also examining the broader rules governing prediction markets.
In February, the CFTC withdrew a 2024 event-contract rule proposal and subsequently opened a new public process examining potential regulation.
Issues under consideration include statutory core principles, public-interest questions, potentially restricted categories of contracts and insider-information concerns.
Federal and State Regulatory Debate
Prediction markets have also triggered disputes over regulatory jurisdiction.
During 2026, the CFTC initiated litigation to defend its position that federal law gives the agency exclusive jurisdiction over certain derivatives and event contracts traded on designated markets.
The issue is particularly significant for sports-related contracts, which some states have sought to address through gambling legislation.
Industry Context
Prediction markets have become one of the fastest-growing areas of the US retail trading ecosystem.
Their expansion is generating additional competition between exchanges, clearinghouses, financial platforms and technology businesses seeking to participate in sports, political and economic event-contract volumes.
The Robinhood, Crypto.com and OG.com agreement also illustrates a move towards multi-venue infrastructure, where a consumer-facing platform can distribute contracts across several federally regulated markets.
Next Steps and Impact
Robinhood will continue integrating OG.com as an additional venue for event contracts, initially focusing on products connected with US professional football.
The partnership also establishes ownership links through Robinhood’s stakes in Crypto.com and OG.com, using reference valuations of $20 billion and $5 billion, respectively.
With 13.6 billion event contracts traded and $156 million in Q2 revenue, the expansion confirms that prediction markets are becoming a major growth line within Robinhood rather than a secondary product category.
Editó: @fonta
