Robinhood to Expand Prediction Markets to UK and European Markets
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TLDR Robinhood is exploring expansion of its prediction markets to UK and Europe following US success The company faces regulatory classification challenges as these markets are treated as futures in the US but may fall under gambling laws elsewhere Over 4 billion event contracts have been traded on Robinhood’s platform, with more than half in Q3 alone Robinhood is in discussions with the UK Financial Conduct Authority (FCA) about regulatory compliance Prediction markets have gained popularity, with decentralized platform Polymarket processing billions in trades during the 2024 US election Robinhood is planning to take its prediction markets global after seeing strong user adoption in the United States. The discount brokerage, known for democratizing stock trading, now aims to bring its event-based trading platform to the United Kingdom and European markets. The company launched its Prediction Markets Hub earlier this year in the US. This platform allows users to trade on outcomes of real-world events, from interest rate decisions to sports results. JB Mackenzie, Robinhood’s vice president and general manager of futures, told Bloomberg that the UK and Europe show the strongest demand for prediction market products. “We’re definitely looking to offer it globally, and my goal or focus is to make sure it’s a regulatory-compliant product everywhere we go,” Mackenzie said. The growth of Robinhood’s prediction markets has been impressive. CEO Vlad Tenev recently shared on X that the platform has facilitated more than 4 billion event contracts, with over half of that volume occurring in the third quarter alone. Regulatory hurdles present the main challenge for international expansion. In the United States, prediction markets are treated as futures products and regulated by the Commodity Futures Trading Commission (CFTC). Regulatory Considerations However, other jurisdictions may classify similar products under gambling laws. Robinhood is currently in discussions with the UK Financial…
Filed under: News - @ October 1, 2025 2:26 pm