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Robinhood (HOOD) Eyes Global Expansion of Prediction Markets After U.S. Debut: Bloomberg

Robinhood has facilitated over 4 billion event contracts and is engaging UK regulators to clarify classification and ensure compliance for global expansion.

  • This year, Robinhood Markets Inc. has opened talks with overseas regulators including the UK Financial Conduct Authority to explore expanding its prediction markets product beyond the United States.
  • Rapid domestic growth and competition in the US market have prompted Robinhood to look abroad, having processed over 4 billion event contracts this year amid a crowded US prediction markets space.
  • Regulatory classification differs sharply, with US contracts often treated as futures under Commodity Futures Trading Commission oversight, while other countries view them as gambling; Robinhood’s US product uses partnerships with CFTC-approved Kalshi and ForecastEx.
  • Markets reacted quickly as Robinhood shares rose more than 12% after the news; the expansion remains at the planning stage with no launch dates announced, pending regulatory talks and potential licenses.
  • If Robinhood secures approvals abroad, prediction markets could shift from niche to mainstream, intensifying competition including Polymarket, which recently weighed a deal valuing the company at $9 billion.
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Bloomberg broke the news in United States on Tuesday, September 30, 2025.
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