Robinhood inventory hit a brand new excessive Tuesday following a report that the buying and selling platform is taking a look at increasing its prediction market product outdoors of the U.S.
The corporate’s inventory was lately buying and selling for near $140 a share after hitting a excessive earlier Tuesday morning New York time above $142. Nasdaq-listed HOOD is up 275% year-to-date, in keeping with Yahoo Finance knowledge.
HOOD beforehand boomed on Monday after Robinhood co-founder and CEO Vlad Tenev mentioned on X that prospects had traded over 4 billion occasion contracts on the corporate’s prediction markets platform.
Robinhood Prediction Markets simply crossed 4 billion occasion contracts traded all-time, with over 2 billion in Q3 alone. And we’re simply getting began. pic.twitter.com/13LxjqWaNt
— Vlad Tenev (@vladtenev) September 29, 2025
Bloomberg then on Tuesday then reported Robinhood’s plans to develop the prediction markets outdoors of the U.S. The report famous that the platform was specifically talking to the UK’s Monetary Conduct Authority about increasing to the European market.
Decrypt reached out to Robinhood, however didn’t instantly obtain a response.
Menlo Park, California-based Robinhood is a buying and selling platform that permits its customers to purchase and promote shares, commodities, and cryptocurrencies.
The corporate first debuted occasion contracts final October for U.S. prospects forward of the presidential election. Occasion contracts enable individuals to guess on issues like sporting occasions or political outcomes.
Robinhood then teamed up with licensed prediction market operator Kalshi to supply contracts for March Insanity basketball event video games in March.
