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Robinhood Markets, Inc. Partners with Crypto.com to Expand Prediction Markets for Football and Elections

Robinhood Markets, Inc. has entered into a strategic partnership with Crypto.com to route a selection of football event contracts to its CFTC-regulated exchange and clearinghouse. The partnership begins on September 8, and will include routing contracts to OG.com, a trader-focused platform that will be spun off as an independent trading platform.

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As part of the deal, Robinhood Markets, Inc. will hold equity stakes in both Crypto.com and OG.com, with the equity priced in line with a recent $20 billion valuation of the Crypto.com Group. This expansion comes as prediction markets on the platform have seen record revenues and volumes, with over 30 billion contracts traded through August. The new deal will bolster the football prediction markets hub, which will feature a new look with better live data and a dedicated trading hub. Additionally, the administration announced a new election hub for the 2026 midterms, providing interactive heat maps and near real-time voting data. Robinhood Markets, Inc. will continue to route contracts to Kalshi, ForecastEX, and Rothera while expanding its offerings to include game outcomes, player contracts, and custom combos.

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