Robinhood expands prediction markets with Crypto.com, OG partnerships ahead of NFL season

Robinhood is expanding its prediction markets offerings through partnerships with Crypto.com and OG, taking equity positions in both platforms ahead of the NFL season. The stakes will be valued using Crypto.com's recent $20 billion valuation as a benchmark. This move represents Robinhood's effort to deepen its presence in the prediction markets space, which has seen growing mainstream interest.

The equity acquisitions signal confidence in both platforms as prediction markets gain regulatory clarity and consumer adoption. Robinhood's involvement could bring retail visibility to what remains a niche but rapidly evolving corner of crypto.

• Robinhood is taking ownership stakes in Crypto.com and OG as part of prediction market expansion.
• Valuations are pegged to Crypto.com's $20 billion market valuation.
• The timing around the NFL season suggests focus on sports prediction as an initial use case.