Home Fear & Greed Pools Wallets Advertise Facebook Twitter Telegram Reddit Youtube
Market Cap:
24h Vol:
Cryptocurrencies: 6631
Markets: 112397
Crypto Currency Tracker logo Crypto Currency Tracker logo
ENG
EST
RUS
TUR
DEU
KOR
ITA
USD
USD
AED
AFN
ALL
AMD
ANG
AOA
ARS
AUD
AWG
AZN
BAM
BBD
BDT
BGN
BHD
BIF
BMD
BND
BOB
BRL
BTN
BWP
BYN
BZD
CAD
CDF
CHF
CLF
CLP
CNH
CNY
COP
CRC
CUC
CUP
CVE
CZK
DJF
DKK
DOP
DZD
EGP
ERN
ETB
EUR
FJD
FKP
GBP
GEL
GHS
GIP
GMD
GNF
GTQ
GYD
HKD
HNL
HRK
HTG
HUF
IDR
ILS
IMP
INR
ISK
JMD
JOD
JPY
KES
KGS
KHR
KMF
KPW
KRW
KWD
KYD
KZT
LAK
LBP
LKR
LRD
LSL
LYD
MAD
MDL
MGA
MKD
MMK
MNT
MOP
MRO
MRU
MUR
MVR
MWK
MXN
MYR
MZN
NAD
NGN
NIO
NOK
NPR
NZD
OMR
PAB
PEN
PGK
PHP
PKR
PLN
PYG
QAR
RON
RSD
RUB
RWF
SAR
SBD
SCR
SDG
SEK
SGD
SHP
SLL
SRD
SSP
STD
STN
SVC
SYP
SZL
THB
TJS
TMT
TND
TOP
TRY
TTD
TWD
TZS
UAH
UGX
UYU
UZS
VEF
VND
VES
VUV
WST
ZAR
ZMW
ZWL
Market Cap
24h Vol
6631
Cryptocurrencies
57.99%
Bitcoin Share
CoinDesk 2025-09-30 16:03:21

Robinhood Eyes Global Expansion of Prediction Markets After U.S. Debut: Bloomberg

Robinhood Eyes Global Expansion of Prediction Markets After U.S. Debut: Bloomberg

Popular trading platform Robinhood (HOOD) is planning to expand its prediction markets product, which allows traders to buy and sell contracts based on future outcomes, beyond the U.S. and into global markets, the company told Bloomberg . Robinhood sees international demand growing, especially in Europe and the UK. JB Mackenzie, vice president and general manager of futures and international at the company, said users abroad have shown particular interest in this new form of trading. “We’re definitely looking to offer it globally, and my goal or focus is to make sure it’s a regulatory-compliant product everywhere we go,” Mackenzie told Bloomberg. To that end, Robinhood has begun discussions with overseas regulators, including the UK’s Financial Conduct Authority, to explore how a localized version of the product could be structured, he said. The move follows its recent partnership with blockchain-based and CFTC-regulated Kalshi, which lets users bet on the outcomes of real-world events such as elections, economic data releases or geopolitical developments. Rise of prediction market The push into prediction markets comes amid a surge of interest in event-based trading, sparked in part by the rise of crypto-native platform Polymarket. That platform has processed billions of dollars in wagers in 2024, largely tied to the outcome of the U.S. presidential election. The platform became so popular that Polymarket was recently reported to be weighing a potential deal that valued the company at $9 billion , a sharp climb from its $1 billion valuation just a few months ago. While Polymarket rose to fame, the market was somewhat constricted. Now, with Robinhood's U.S. and potentially global offerings, it might open up the prediction market to a larger group of traders. CoinDesk has reached out to Robinhood for comments.

Most Read News

Market Cap
24h Vol
57.99%
Bitcoin Share
29
Today News
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.