Robinhood CEO: Crypto Contracts to Overtake Sports Betting
Vlad Tenev, CEO of Robinhood, predicts that cryptocurrency-linked event contracts will become the dominant category on the platform, surpassing sports betting in the coming years. This shift is fueled by growing interest in derivatives regulated by the CFTC.
In Q2 2026, Robinhood’s event-contract revenue increased tenfold to $156 million, with 4.7 billion contracts traded in August 2026. Robinhood is building its market infrastructure on Kalshi and Rothera, and has acquired stakes in Crypto.com and OG.com.
https://cryptovka.com/news/robinhood-ceo-predicts-crypto-contracts-will-surpass-sports-betting
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2026-09-21 21:47:23 UTC
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2026-09-21 21:47:23 UTCEvent JSON
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"content": "Robinhood CEO: Crypto Contracts to Overtake Sports Betting\n\nVlad Tenev, CEO of Robinhood, predicts that cryptocurrency-linked event contracts will become the dominant category on the platform, surpassing sports betting in the coming years. This shift is fueled by growing interest in derivatives regulated by the CFTC.\n\nIn Q2 2026, Robinhood’s event-contract revenue increased tenfold to $156 million, with 4.7 billion contracts traded in August 2026. Robinhood is building its market infrastructure on Kalshi and Rothera, and has acquired stakes in Crypto.com and OG.com.\n\nhttps://cryptovka.com/news/robinhood-ceo-predicts-crypto-contracts-will-surpass-sports-betting",
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