Robinhood Markets has agreed to add Crypto.com's yes-or-no contracts to its trading platform and take minority stakes in the digital-currency exchange and its prediction-markets business. The deal represents a multiyear accord that integrates event contracts backed by Crypto.com's OG.com unit into the Robinhood app.
The Wall Street Journal reported in July that the two companies had been discussing ways to expand Robinhood's prediction-markets offerings. The partnership marks Robinhood's latest move into event-based contracts, a market that has attracted significant interest from individual traders despite an uncertain regulatory outlook. Robinhood initially offered prediction-markets bets through Kalshi, the dominant U.S. platform, before expanding through other partners. Rothera, a derivatives exchange launched by Robinhood with Susquehanna International Group, also focuses on event contracts.
Crypto.com has stated that it spun out OG into a stand-alone company. Kris Marszalek, Crypto.com's chief executive, described the partnership as the beginning of a strategic relationship. In an interview, he noted that prediction-market event contracts are the first product the companies plan to launch together. Marszalek said the two firms have also discussed equity-linked perpetual futures, a product that would require regulatory approval.
The specific terms of the agreements, including the size of Robinhood's investments, were not disclosed. After Citadel Securities bought stakes in each company in July, Crypto.com was valued at $15 billion and OG was valued at $5 billion.
Crypto.com has offered prediction-markets contracts through its derivatives arm since late 2024. The exchange launched OG as a stand-alone prediction markets platform in February. Marszalek said the platform has grown about 20 times this year. In late 2025, Crypto.com announced a partnership with President Trump's media business to introduce prediction markets on Truth Social. That arrangement ended last month as both sides pointed to changing market conditions and a shift in business priorities.
Marszalek said the Robinhood partnership is expected to attract more traders and institutions to Crypto.com's prediction markets platform. He described the structure as a natural market dynamic where institutions trade against retail flow. The company plans to seek acquisitions to fuel growth and is preparing for an initial public offering, though the timing of that listing has not been decided.
JB Mackenzie, Robinhood's vice president and general manager of futures and prediction markets, said the partnership allows the brokerage to offer better pricing and a wider variety of contracts. He characterized the timing as crucial for the event-contracts business, which is entering a busy period with the start of football season and the midterm elections later this fall. Mackenzie said customers want to trade these assets and that the deal allows Robinhood to have more skin in the game.