Robinhood launches AI agentic trading beta with event contracts on roadmap
Robinhood launched a beta of AI-powered agentic trading and payments on Tuesday, May 27, initially limited to equities trading and spending through Robinhood Gold credit cards. The company said it plans to expand the agents to options, cryptocurrencies, futures, and event contracts, with predictions markets also listed among upcoming additions. The rollout targets retail traders and marks Robinhood's push into automated investing tools across its full product suite. Robinhood already operates event contracts tied to sports, politics, and economic outcomes. American Banker framed the automation push as a competitive threat to traditional banks' payments and credit card businesses. The stock moved higher on the AI-agent announcement.
Robinhood must now build exchange infrastructure for agentic event-contract execution before its 1 million existing users can automate trades at scale. Any delay cedes that automated retail flow to Kalshi, Polymarket, or Wintermute's newly dual-venue liquidity layer.
Robinhood is now the second platform this week to deepen its prediction-market infrastructure, after Wintermute began quoting liquidity on Kalshi and Polymarket and the company itself disclosed 1 million event-contract customers.