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Robinhood CEO Says Crypto Contracts Could Overtake Sports Betting

Robinhood CEO Vlad Tenev said crypto event contracts are already outpacing sports bets on the platform and could become its dominant prediction-market category within a few years, according to Decrypt.

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Robinhood CEO Says Crypto Contracts Could Overtake Sports Betting

Robinhood CEO Vlad Tenev said crypto-related event contracts are already attracting more activity than sports bets on the platform, according to Decrypt. He added that crypto could become Robinhood’s leading prediction-market category within the next few years. The comments highlight the company’s view that event-based crypto markets may expand beyond their current position and compete directly with sports-focused contracts. Tenev’s remarks concern Robinhood’s prediction-market business and do not represent a forecast for any individual cryptocurrency. The report was published by Decrypt on September 21, 2026.

Source Decrypt Written by Moneyiar based on reporting from the cited source and Moneyiar market data.
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