Robinhood CEO Expects Crypto Prediction Markets to Outpace Sports Betting
Robinhood CEO Vlad Tenev stated that crypto-related prediction contracts are rapidly gaining market share, with revenue reaching $156 million in Q2 2026—a tenfold increase year-over-year. Tenev believes crypto will eventually become the dominant category on the platform, overshadowing sports betting. Robinhood is expanding its prediction market infrastructure through partnerships with Kalshi, Rothera, and Crypto.com.
Summaries are written by AI from the original article. Not investment advice.