Robinhood launches Prediction Market Hub, supporting trading of Federal Reserve interest rates and sports event contracts

According to the official announcement of Robinhood, its subsidiary Robinhood Derivatives, LLC (RHD) today launched the Prediction Markets Hub within the Robinhood App, allowing users to trade forecast contracts such as the May Federal Reserve interest rate cap and NCAA basketball tournament. This service is provided through the KalshiEX exchange regulated by the CFTC, and Robinhood has been in close communication with the US Commodity Futures Trading Commission (CFTC) to ensure compliant operations. Officially, the prediction market plays an important role in fields such as news, economy, politics, and culture, and the new platform will enhance market liquidity, transparency, and price discovery capabilities. This feature will be available to eligible US users in the coming days.