Robinhood Inventory hit a brand new excessive on Tuesday following studies that its buying and selling platform is contemplating increasing its forecast market merchandise outdoors the US.
The corporate’s shares have been buying and selling almost $140 a share just lately after hitting the Tuesday morning New York time sooner than $142. In response to Yahoo Finance information, meals registered with NASDAQ have elevated by 275% for the reason that begin of the 12 months.
Hood boomed on Monday as Robinhood co-founder and CEO Vlad Tenev stated he was X and that its prospects have been buying and selling greater than 4 billion occasion contracts on the corporate’s forecast market platform.
Robinhood Prediction Markets has simply surpassed 4 billion occasion contracts in historical past, exceeding 2 billion within the third quarter alone. And we’re simply beginning out. pic.twitter.com/13lxjqwant
-Vlad Tenev (@vladtenev) September 29, 2025
Bloomberg Then, on Tuesday, a report report reporting Robinhood’s plan to develop forecast markets outdoors the US stated the platform was speaking to UK monetary conduct authorities, notably about increasing into European markets.
Decryption I contacted Robinhood however did not obtain a response instantly.
Based mostly in Menlo Park, California, Robinhood is a buying and selling platform that permits customers to purchase and promote shares, commodities and cryptocurrencies.
firm First debuted Final October, an occasion contract was made with a US consumer previous to the presidential election. Occasion contracts enable individuals to guess on sporting occasions, political outcomes and extra.
After which Robin Hood We fashioned a crew With licensed forecast market operator Kalshi to supply contracts for the March Insanity Basketball Match Video games in March.
