Trading platform Robinhood is preparing to expand its prediction markets business internationally after debuting the product in the U.S., according to Bloomberg.
The offering lets users trade contracts on real-world outcomes such as elections, economic reports, or geopolitical events. JB Mackenzie, Robinhood’s head of futures and international, said the firm is engaging with overseas regulators, including the UK’s Financial Conduct Authority, to ensure compliance before rollout.
The international push comes amid surging demand for prediction markets, fueled by platforms like Polymarket, which processed billions in wagers during the 2024 U.S. election cycle.
Robinhood launched its service domestically through Kalshi, a blockchain-based and CFTC-regulated marketplace.
By extending globally, Robinhood aims to position itself at the forefront of event-based trading, a niche gaining traction among both retail and institutional users.
The move highlights a trend where mainstream trading platforms are incorporating innovative financial products traditionally associated with crypto-native ecosystems.
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