Since the launch of its prediction markets in March, Robinhood has reported that over nine billion contracts have been traded by more than one million users. Robinhood noted this development in a recent statement, which highlighted their growing presence in the prediction market sector, a collaboration with the platform Kalshi.

JB Mackenzie, the General Manager of Futures and International at Robinhood, remarked, “We are observing strong customer interest in prediction markets, and we’re looking forward to enhancing that momentum.” Robinhood plans to invest further in this area, establishing a futures and derivatives exchange along with a clearinghouse.

Image Source: Robinhood

The derivatives exchange is set to start in 2026, with Robinhood as the dominant partner and market maker, joined by Susquehanna International Group as the initial liquidity provider. Moreover, Robinhood will be acquiring MIAXdx, a CFTC-licensed derivatives clearing organization.

The prediction market sector is burgeoning, with increased attention from mainstream media helping platforms like Kalshi, which has seen a trading volume of $4.47 billion in the last month alone. As competition rises, other crypto exchanges such as Crypto.com and Gemini are also venturing into prediction markets.

In essence, as Robinhood propels its prediction markets forward, its strategies aim for a better customer experience and more inventive products.