Robinhood Markets and Crypto.com are reportedly discussing a partnership that could add another provider of event contracts to Robinhood’s growing prediction markets business.

Under the arrangement being considered, Robinhood users would gain access to prediction contracts supplied by Crypto.com through the brokerage company’s existing trading platform. Customers could trade the yes-or-no contracts without opening another account or moving to a separate application.

The companies have not confirmed an agreement, and the discussions may end without producing a deal. A Robinhood spokesperson said the company “will continue to partner with multiple exchanges to ensure our customers have access to a diverse and resilient marketplace.”

The talks come as Robinhood expands a business segment that has become one of its fastest-growing offerings. The company already distributes contracts from several prediction market providers while developing its own interests in the wider derivatives market.

Robinhood Broadens Its Network of Contract Providers

Robinhood began offering event contracts supplied by Kalshi early last year. Those markets allowed customers to trade on outcomes ranging from sporting events to decisions on interest rates by the US Federal Reserve.

The company has since added other relationships. Its current providers include ForecastEx, which operates through Interactive Brokers, and Rothera, an exchange developed through Robinhood’s joint venture with market maker Susquehanna International Group.

Rothera launched earlier this summer. Since its arrival, Robinhood customers have reportedly accounted for a smaller proportion of Kalshi’s overall trading activity.

That change reflects an unusual relationship between Robinhood and Kalshi. The companies continue to work together through contract distribution while increasingly competing for users and trading volume.

Kalshi CEO Tarek Mansour acknowledged that overlap in June. “They’re a partner of ours at the same time they’re competing with us, and I think that’s also great,” as quoted by the Wall Street Journal.

Crypto.com Seeks Greater Access to US Traders

Crypto.com entered the US event contract sector in late 2024 through its derivatives business. In US prediction market terms, the company is “old school,” although it remains behind the largest operators in overall market share.

The digital asset exchange increased its contract selection before the 2025 Super Bowl and launched a standalone prediction market platform called OG in February 2026.

Crypto.com has also pursued distribution agreements with other companies. Its existing relationships include FanDuel, while a partnership announced with President Donald Trump’s media company in late 2025 is intended to place prediction markets directly on Truth Social.

The Truth Social offering has not yet launched.

A Robinhood agreement could give Crypto.com access to a much larger pool of potential event contract traders. Robinhood has more than 27 million funded accounts, and over one million account holders already trade prediction contracts through the platform.

Adding Crypto.com contracts could raise trading turnover for the exchange while giving Robinhood customers a wider selection of markets. The deal would also reduce Crypto.com’s reliance on attracting customers directly to its own platform.

The proposed arrangement could affect a sector where a small number of operators currently control most trading activity. Analysts have suggested that the market could eventually support as many as 10 viable competitors as financial platforms and crypto companies expand their contract offerings.

Prediction Markets Become More Important to Robinhood

Robinhood has repeatedly identified prediction markets as one of the fastest-growing areas in its history.

Some analysts believe yes-or-no derivatives became the company’s most rapidly expanding product segment during the second quarter. The growth has encouraged expectations that event contracts could become a major revenue contributor.

Bernstein estimated that Robinhood’s prediction market business could eventually produce more revenue than its cryptocurrency operations. The firm projected that event contracts could generate $1.7 billion in revenue for Robinhood by 2028.

A Crypto.com partnership would add another contract source as Robinhood attempts to build a marketplace that does not rely on one exchange. The strategy could also provide more resilience if regulatory disputes or technical issues affect an individual provider.

Robinhood’s expansion places additional competitive pressure on Kalshi, even though Kalshi remains one of the brokerage company’s partners. Rothera gives Robinhood a more direct position in the exchange infrastructure behind prediction markets, while partnerships with outside providers allow it to expand its available contracts more quickly.

For Crypto.com, access to Robinhood’s customer base could strengthen a prediction market operation that has already expanded through OG and other commercial relationships.

Neither company has disclosed the financial terms being discussed or provided a timetable for reaching a decision. The potential agreement remains under negotiation, with no assurance that Crypto.com contracts will ultimately appear on Robinhood’s platform.