Robinhood in talks to add Crypto.com prediction markets as Kalshi rivalry grows: WSJ
Quick TakeRobinhood is discussing adding Crypto.coms event contracts to its prediction markets hub, The Wall Street Journal reported Friday, citing people familiar with the matter.A deal would let Robinhood customers trade yes-or-no contracts offered through Crypto.coms prediction markets business, though the talks may not result in an agreement.The discussions come after Robinhood began routing contracts to affiliated exchange Rothera, suggesting the brokerage plans to combine its own infrastructure with products supplied by outside venues. Robinhood Markets is in talks with Crypto.com about adding the crypto exchanges prediction market contracts to the brokerages app, a move that could place Robinhood in more direct competition with existing partner Kalshi, The Wall Street Journal reported Friday, citing people familiar with the matter. The arrangement under discussion would reportedly let Robinhood customers trade yes-or-no contracts offered through Crypto.com‘s prediction market business without leaving Robinhood’s platform. The brokerage currently sources event contracts from Kalshi, Interactive Brokers ForecastEx and Rothera, a CFTC-licensed exchange and clearinghouse that Robinhood invested in alongside Susquehanna International Group in 2025. There is no guarantee the companies will reach a deal, according to the Journal. Robinhood told the newspaper that it intends to continue working with multiple exchanges to give customers access to a broad