Robinhood CEO Vlad Tenev says crypto will drive prediction market trading surge
Robinhood CEO Vlad Tenev said crypto will lead a surge in prediction market trading volume. In August 2026, Robinhood's operating data showed event contracts traded 15 times ahead of year-ago levels. Tenev made the comments on Sept. 21. The article frames the growth as significant for crypto's role in prediction markets.
Robinhood's 15x year-over-year event contract growth signals retail demand is accelerating faster than most platform operators have built capacity for. Tenev's crypto linkage suggests Robinhood may push stablecoin or tokenized settlement as a competitive wedge against Kalshi and Polymarket.
Robinhood's third public prediction-markets positioning this month — after the Crypto.com/OG.com stakes and the crypto-contracts-outpace-sports forecast — ties together partner-dependent infrastructure, crypto settlement, and NFL-season revenue targets.