Robinhood Markets has entered into a multiyear agreement to incorporate yes-or-no event contracts from Crypto.com’s prediction-markets business, OG.com, into its trading platform. As part of the partnership, Robinhood will also take minority stakes in both Crypto.com and its newly spun-off prediction-markets unit, marking the brokerage’s continued expansion into event-based contracts.
The collaboration follows earlier discussions aimed at broadening Robinhood’s prediction-markets offerings. Crypto.com’s standalone prediction-markets entity, OG, was launched in February 2025 and has experienced significant growth, expanding roughly 20-fold this year, according to CEO Kris Marszalek. Crypto.com has been involved in prediction markets through its derivatives division since late 2024 and recently made headlines for its terminated partnership with President Trump’s media company, Truth Social, which aimed to bring event contracts directly to that platform. The partnership dissolved last month, with both sides citing challenging market conditions and shifting priorities.
Robinhood’s move builds upon its existing presence in the event-contracts sector, where it already collaborates with platforms such as Kalshi and has launched its own derivatives exchange, Rothera, in partnership with Susquehanna International Group. The brokerage’s vice president and general manager of futures and prediction markets, JB Mackenzie, said the new deal will enable Robinhood to provide more competitive pricing and a wider selection of contracts to its users. He also noted the timing of the partnership is significant, aligning with the start of the football season and the upcoming U.S. midterm elections, periods that typically generate heightened trading activity in event markets.
Marszalek described the venture as “the beginning of a very strategic relationship” and suggested that prediction-market contracts are only the initial product planned under the agreement. He also indicated ongoing discussions about launching equity-linked perpetual futures, contingent on regulatory approval.
Neither company has disclosed the specific terms of Robinhood’s investments. Recent external valuations placed Crypto.com at $15 billion and OG at $5 billion, following a minority capital injection from Citadel Securities in July.
Marszalek emphasized that the partnership is expected to attract both retail traders and institutional participants, with institutions looking to engage with retail flows in a market structure that continues to mature rapidly. He also revealed that Crypto.com is pursuing acquisitions to support growth and preparing for a potential initial public offering, although no timeline has been confirmed.
The expansion reflects the growing popularity and competitive dynamics of prediction markets, which have gained traction among individual traders despite regulatory uncertainty in the space. Robinhood’s newest agreement with Crypto.com signifies a broader industry effort to capitalize on this emerging segment of derivative trading.