Vlad Tenev: Cryptocurrency prediction contracts will surpass traditional sports betting in the future

Robinhood CEO Vlad Tenev stated that cryptocurrency prediction contracts continue to grow in market share in Robinhood's predictions, and it is expected that sports contracts will decrease to a minority in the coming years. Robinhood's Q2 2026 event contract revenue increased more than tenfold year-on-year to $156 million, with 4.7 billion contract transactions in August, approximately 15 times the same period in 2025. Robinhood builds a prediction market based on Kalshi, providing services through its joint venture Rothera with Susquehanna, and has invested in Crypto.com and its prediction market subsidiary OG.com.