Robinhood Expands Prediction Markets to UK and Europe Amid Regulatory Scrutiny

Robinhood's stock surged to an all-time high as the trading platform announced plans to bring its prediction markets product to the UK and European markets. The MOVE follows a successful US launch in partnership with Kalshi, where the platform has already processed over 4 billion event contracts—more than half in Q3 2025 alone.

Unlike blockchain-based prediction platforms like Polymarket, Robinhood operates on traditional financial infrastructure. The company is now engaging with the UK Financial Conduct Authority to navigate regulatory classification challenges, particularly whether these markets will be treated as financial futures or fall under gambling regulations.

The Prediction Markets Hub, launched earlier this year, allows wagering on real-world events ranging from central bank decisions to sports outcomes. This expansion underscores Robinhood's strategic pivot toward diversified retail trading products beyond equities and cryptocurrencies.