Prediction markets are Robinhoods fastest-growing money maker

Since Robinhood launched its prediction markets in March, nine billion contracts have been traded by more than one million users, according to the platform.

Trading platform Robinhood says prediction markets have emerged as one of its fastest-growing product lines in terms of revenue, and is now set to expand its business with a futures and derivatives exchange and clearinghouse.

Since launching its prediction markets in March in partnership with prediction market platform Kalshi, nine billion contracts have been traded by more than one million users, Robinhood said in a statement on Tuesday.

JB Mackenzie, the general manager of futures and international at Robinhood, said the platform is “seeing strong customer demand for prediction markets, and were excited to build on that momentum.”

Robinhood said it is also planning to grow its investment in prediction markets, with a futures and derivatives exchange and clearinghouse, to deepen its investment in prediction markets.

Source: Robinhood

“Our investment in infrastructure will position us to deliver an even better experience and more innovative products for customers,” Mackenzie added.

Robinhood derivatives exchange will launch in 2026

The exchange will have Robinhood as the controlling partner and market maker, Susquehanna International Group as the day-one liquidity provider.

As part of the venture, Robinhood will also acquire MIAXdx, a Commodity Futures Trading Commission (CFTC) licensed derivatives clearing organization and swap execution facility. Robinhood said the derivatives exchange is expected to begin operations in 2026.

Prediction market interest surging

Prediction markets have become one of the hottest crypto offerings this year, with volumes on platforms such as Kalshi and Polymarket holding firm amid increased mainstream media attention.

Kalshi is a regulated prediction market platform in the US that operates under the oversight of the CFTC and has a trading volume of $4.47 billion over the last 30 days, according to DeFi data aggregator DefiLlama.

Prediction market Kalshi has recorded a trading volume of $4.47 billion over the last 30 days. Source: DefiLlama

In comparison, Polymarket, a US-based cryptocurrency-based prediction market, has recorded $3.58 billion in trading volume over the last 30 days.

Crypto exchanges are also expanding into prediction markets

Crypto.com recently started offering a prediction markets platform, which is set to be integrated with Trump Media.