Analysis

Trading Giant Robinhood Launches New Prediction Markets Hub Using Kalshi

Published

6 months ago

March 17, 2025

Robinhood Buying and selling App introduces a brand new hub for prediction markets and is increasing its monetary portfolio.

Developed in collaboration with Regulated Alternate Kalshi Inc. – additionally a prediction market service – The brand new platform Is able to use users To behave on contracts primarily based on Actual-World ends in sports activities, politics and financial indicators.

Says JB Mackenzie, vice-president and normal director of Robinhood of Futures and Worldwide, of the brand new polymarket-competing place,

“We imagine within the energy of prediction markets and assume that they play an necessary function within the intersection of stories, financial system, politics, sports activities and tradition.

We’re happy to supply our prospects a brand new solution to take part in prediction markets and on the identical time to ensure compliance with present rules. “

The primary contract provide focuses on the outcomes of the Federal Reserve and outcomes and NCAA Basketball Event outcomes.

Robinhood has been in “shut contact” with the Commodity Futures Buying and selling Fee (CFTC) with regard to the brand new platform and says that it’s going to proceed to work with the regulator sooner or later to “promote innovation in futures, derivatives and crypto markets”.

The response of buyers has up to now been constructive, with the shares of the corporate on the day up to now 6%

The announcement comes a month after the US Securities and Alternate Fee (SEC) has dropped its analysis into the Handelsapp big.

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