Rothera hits $2M debut weekend as World Cup drives 15% of Rothera volume
Robinhood's in-house prediction-market platform Rothera generated $2 million in trading volume over its first weekend after launching to mobile app users in June, according to Yahoo Finance. World Cup event contracts have since reached 15% of total platform volume on Rothera, Artemis data shows. The move follows Robinhood's earlier practice of routing users to outside platforms Kalshi and ForecastEx. Robinhood regularly traded approximately 3 billion event contracts per month, generating around $30 million in the business, and said its prediction markets are among the company's fastest-growing products. The brokerage is using the World Cup as a marketing hook to boost its Gold subscriber base by offering World Cup tickets, and has shifted prediction-market event contracts to Rothera, an exchange founded as a separate venue.
Rothera's breakout volume positions the brokerage as Kalshi's biggest competitor in CFTC-registered event contracts, not Polymarket. Rival platforms must now defend their market-maker relationships and retail flow against Robinhood's built-in user base.
World Cup drives record volume on Kalshi, Polymarket and Rothera, showing the tournament has scaled multiple prediction-market venues.