The broker Robinhood will benefit from record activity on prediction markets during the FIFA World Cup. This was stated by Bernstein, The Block writes.
In the first days of the World Cup, the platform's daily trading volume jumped from $2.2 billion (June 11) to $4.8 billion (June 12, the USA — Paraguay match). For comparison: last year's Super Bowl brought in $1.4 billion.
Analysts expect Robinhood's revenue from prediction markets to grow from $150 million in 2025 to $586 million in 2026 — up 286%. In 2026 the segment will account for roughly 17% of commission income and 10% of the company's total revenue.
Separately, Bernstein noted Robinhood's partnership with Rothera — a CFTC-licensed exchange and clearinghouse. Since its launch on May 28, the platform has processed about 200 million contracts. Almost the entire volume came from World Cup football and MLB contracts.
Among Robinhood's advantages, the specialists highlighted access to its own user base and pricing terms. The company charges a commission of up to $0.01 per contract and gives Gold subscribers a discount of up to 50%.
Bernstein also pointed to growing pressure from competitors. Polymarket has launched contracts on private company events, while Kalshi — CFTC-regulated perpetual futures on the largest cryptocurrencies.
Recall that in May the head of Bubblemaps called prediction markets "a tool of intelligence and information warfare."
Source: ForkLog
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