Robinhood Markets hits record trading day, sees growth in prediction markets and AI trading
Robinhood Markets logged a record trading day, the company disclosed. It is investing in prediction markets and agentic trading, a form of AI-driven execution that does not rely on sports outcomes. The company also identified wealth management and sports as newer areas receiving particular attention and resources. The announcement came as part of a broader discussion about how the brokerage is positioning for a potential prolonged market downturn.
The record day lands while Robinhood's prediction-market revenue already sits at $173 million a quarter, yet the company still carries no CFTC registration of its own. All event-contract volume routes through Kalshi, ForecastEx, Rothera and other CFTC venues. That partner-dependent model cracked in Ohio when a federal appeals court rejected preemption and state regulators ordered sports contracts halted.
Robinhood's fresh push into agentic trading and wealth management diversifies the story for investors, but prediction markets are the fastest-growing line. Every new state attorney general filing copies the Ohio template and threatens another fracture. Competitors with direct CFTC designations, including Polymarket US and ForecastEx, can pitch stability that Robinhood cannot guarantee on its own. The faster this revenue line grows, the deeper the crater if partnerships collapse again.