Robinhood to Add Crypto.com’s Prediction Markets, Takes Minority Stake in Exchange

Brokerage platform Robinhood is expanding its prediction markets business following a deal with crypto exchange Crypto.com. As part of the deal, the trading platform will also take minority stakes in the exchange and its prediction markets business.

Robinhood Strikes Partnership With Crypto.com

According to a WSJ report, the brokerage platform has agreed to add Crypto.com’s yes-or-no contracts to its trading platform. It will also take minority stakes in the crypto exchange and its prediction market, OG.com, which Crypto.com runs as a standalone business.

Crypto.com’s CEO Kris Marszalek also confirmed this partnership in an X post. “Thrilled to partner with Vlad Tenev and RobinhoodApp on prediction markets — a game changer for OG.com and Crypto.com — watch this space,” he said.

Thrilled to partner with @vladtenev and @RobinhoodApp on prediction markets — a game changer for and — watch this space.

— Kris (@kris) September 8, 2026

Robinhood’s partnership with the top crypto exchange comes as the former continues to enjoy success in the crypto industry, especially with the launch of its Ethereum layer-2 network, which is driving record revenue at the moment. DeFiLlama data shows that the network currently ranks in the top 3 in DEX volume and network fees over the last 24 hours.

Much of this activity has come partly from retail trading on the network, with investors actively trading meme coins amid renewed optimism about the potential start of another bull run. The network’s total value locked (TVL) currently stands at just over $902 million, up over 24% and 91% in the last seven days and one month, respectively.

OG.Com Confirms Details Of Partnership

In a company release, the prediction market platform confirmed the multi-year partnership in which it will serve as an infrastructure and clearing provider for Robinhood’s Prediction Markets offering. Under the agreement, the brokerage platform will route its retail event contract volume through OG.com’s CFTC-regulated derivatives platform.

Meanwhile, OG.com also revealed that Robinhood’s equity stakes will be priced in line with Citadel Securities’s recent investment in Crypto.com at a $20 billion valuation. The prediction market platform received a valuation of $5 billion as a standalone following Citadel’s investment.

The HOOD stock is up almost 3% amid Robinhood’s partnership with Crypto.com. The stock is currently trading at around $125, according to TradingView data, up from its closing price of around $122 last week.

The stock is up over 29% in the last month amid the success of its layer-2 network launch. As CoinGape recently reported, Deutsche Bank raised its HOOD target to $136, citing more upside as the network brings in more revenue for the brokerage platform.

Meanwhile, Robinhood just secured its first underwriter role, marking another bullish catalyst for the stock. The brokerage platform will serve as an underwriter in the Oura IPO and is likely to have more influence over how many shares are allocated to its customers.