Robinhood expanded its buying and selling choices with a brand new prediction markets hub to allow customers commerce on the outcomes of main occasions. Initially, merchants can speculate on the Federal Reserve’s rate of interest selections and upcoming school basketball tournaments, the corporate talked about.
“We consider within the energy of prediction markets and assume they play an necessary function on the intersection of reports, economics, politics, sports activities, and tradition,” commented JB Mackenzie, VP & GM of Futures and Worldwide at Robinhood. “We’re excited to supply our prospects a brand new technique to take part in prediction markets and sit up for doing so in compliance with present rules.”
In keeping with the announcement, Robinhood Derivatives, LLC (RHD) has launched a standalone prediction markets hub inside its app. The function allows customers to have interaction in event-based buying and selling by buying contracts tied to real-world outcomes.
Beginning as we speak, now you can commerce contracts on the boys’s and girls’s school basketball tournaments.
See you at tip-off: https://t.co/WXpUDpYBJO pic.twitter.com/fRF6xhr0Xd
— Robinhood (@RobinhoodApp) March 17, 2025
At launch, the hub will help trades on the higher certain of the Federal Reserve’s goal rate of interest for Might and the boys’s and girls’s Faculty Basketball Tournaments. Robinhood’s prediction markets hub operates by KalshiEX LLC, a regulated alternate overseen by the Commodity Futures Buying and selling Fee (CFTC).
By introducing this new buying and selling function, Robinhood now goals to offer prospects with a brand new technique to have interaction with occasions that align with their pursuits. The corporate emphasised that prediction markets function inside a regulated framework, making certain transparency and liquidity.
Regulatory Compliance and Enlargement Plans
The corporate said that it has been in shut discussions with the CFTC and intends to take care of compliance whereas increasing its choices. The brand new function aligns with Robinhood’s broader mission to make monetary markets extra accessible.
Robinhood’s transfer into prediction markets underscores a rising pattern the place monetary platforms combine real-world occasions into buying and selling methods.
Whereas the preliminary choices give attention to rates of interest and sports activities, the agency expects to develop into elections, company earnings, and geopolitical developments. The prediction markets hub is rolling out now and can reportedly be accessible to all eligible customers throughout the U.S. within the coming days.
Anticipate ongoing updates as this story evolves.
