Robinhood has unveiled a slew of enhancements to its prediction markets platform following rapid growth in the vertical across 2025.
During a company summit hosted at Skywalker Ranch in California, the business revealed upgrades to its sports event contracts offering, which is currently powered by Kalshi.
One such upgrade was the introduction of player contracts, allowing consumers to trade on markets concerning the individual performance of a specific player.
These prop-style markets will mirror over/under markets offered by traditional sports betting operators.
Robinhood has also introduced the ‘Combos’ feature – launched by Kalshi earlier this month – allowing traders to combine multiple events into one contract.
This is akin to the same-game parlay (SGP) feature widely available at sportsbooks .
In addition to preset combos offered by Robinhood, traders will also be able to build their own custom combos as well, with the latter being rolled out in January.
Both player contracts and combos are available for professional NFL markets initially, with a wider rollout expected in the future.
There will also be a new sports event contracts hub, which bosses said will include improved navigation and search for markets.
In addition to those features, Robinhood has also launched its AI portfolio management tool, Robinhood Cortex.
The feature provides information to traders regarding their portfolios on Robinhood, with an AI assistant on hand to provide market research on trades.
Robinhood CEO Vlad Tenev suggested that prediction markets are at the beginning of a “super cycle”, with rapid growth expected over the coming months.
Tenev said: “Prediction markets dramatically increase the breadth of what’s tradable on Robinhood. We’ve gone from one contract to thousands in just one year, and over the coming years, we could get to tens of thousands or more.
“I believe we’re at the very beginning of a prediction market super cycle, and as it progresses, we should expect to see adoption and volumes continuing to grow, potentially into the trillions of contracts traded each year.
“[We will also see] our competitors scrambling to follow and figure out how to offer these products, or risk becoming insignificant.
“[There will be] significant disruption of multiple industries, not just trading. Some people have already started to realise that using prediction markets can be cheaper than conventional fire, flood and hurricane insurance.
“You can just place a trade on your phone without having to deal with a traditional broker. And I’m sure the $8tn insurance industry is starting to pay attention to this.
“So, I think prediction markets are going to change the world for the better. Perhaps they already have.”
Last month, Robinhood acquired a 90% stake in MIAX Derivatives Exchange (MIAXdx), in partnership with market maker Susquehanna International Group.
MIAXdx is a designated contract market and derivatives clearing organisation, which has received regulatory approval from the Commodity Futures Trading Commission.
The post Robinhood CEO: Prediction markets will “change the world for the better” first appeared on EGR Intel.
Retail trading giant reveals ‘Combos’ feature and player-specific markets for sports event contracts, as CEO Vlad Tenev proclaims the vertical is at the beginning of a “super cycle”
The post Robinhood CEO: Prediction markets will “change the world for the better” first appeared on EGR Intel.