Online brokerage Robinhood is in discussions with Crypto.com to expand its prediction-markets service by incorporating yes-or-no event contracts supplied by the exchange. Robinhood introduced its prediction-markets platform in March 2025, initially through Kalshi to meet US Commodity Futures Trading Commission requirements and later through ForecastEx and Rotella.
Analysts recently lifted their price target on Robinhood shares to 160 dollars from 130 dollars, citing growth prospects in prediction markets and tokenized equities. They project that revenue including these segments could reach 1.7 billion dollars by 2028. Industry forecasts have placed potential prediction-market volumes at 1 trillion dollars by 2030.
Prediction-market operators continue to encounter jurisdictional disputes in the United States. The Commodity Futures Trading Commission asserts exclusive authority over event contracts, while gaming regulators in multiple states have filed suits seeking to limit or prohibit the products.