Buying and selling platform Robinhood stated prediction markets have emerged as one in every of its fastest-growing product strains by way of income, and it’s set to increase the enterprise with a futures and derivatives change and clearinghouse.
Since launching its prediction markets in March in partnership with prediction market platform Kalshi, 9 billion contracts have been traded by multiple million customers, Robinhood stated in an announcement on Tuesday.
JB Mackenzie, normal supervisor of futures and worldwide at Robinhood, stated the platform was “seeing robust buyer demand for prediction markets, and we’re excited to construct on that momentum.”
Robinhood stated it plans to deepen its funding in prediction markets with a futures and derivatives change and clearinghouse.
“Our funding in infrastructure will place us to ship a fair higher expertise and extra progressive merchandise for purchasers,” Mackenzie added.
Robinhood derivatives change will launch in 2026
The change may have Robinhood because the controlling accomplice and market maker, and Susquehanna Worldwide Group because the day-one liquidity supplier.
As a part of the enterprise, Robinhood may also purchase MIAXdx, a Commodity Futures Buying and selling Fee (CFTC) licensed derivatives clearing group and swap execution facility. Robinhood stated the derivatives change is anticipated to start operations in 2026.
Prediction market curiosity surging
Prediction markets have grow to be one of many hottest crypto choices this yr, with volumes on platforms akin to Kalshi and Polymarket holding agency amid elevated mainstream media consideration.
Kalshi is a regulated prediction market platform within the US that operates below the oversight of the CFTC and has had a buying and selling quantity of $4.47 billion over the past 30 days, in keeping with DeFi information aggregator DefiLlama.
As compared, Polymarket, a US-based cryptocurrency-based prediction market, has recorded $3.58 billion in buying and selling quantity over the past 30 days.
Crypto exchanges additionally increasing into prediction markets
Crypto.com lately started providing a prediction market platform, which is ready to be built-in with Trump Media.
Associated: Robinhood tokenizes practically 500 US shares, ETFs on Arbitrum for EU customers
Crypto change Gemini can be planning to launch a prediction market platform as a part of an initiative to create a “tremendous app,” and stated on Nov. 11 it had filed with the Commodity Futures Buying and selling Fee to supply the platform.
Tech researcher Jane Manchun Wong stated on Nov.19 that web site information indicated Coinbase was additionally engaged on making a prediction markets platform.
Journal: 2026 is the yr of pragmatic privateness in crypto: Canton, Zcash and extra
