Robinhood (HOOD) Chairman and CEO Vlad Tenev told CNBC’s Jim Cramer that crypto event-contracts are already grabbing an outsized share of the platform’s prediction markets business, and he expects sports wagers to fall into the minority within just a few years.
Prediction markets have become one of the fastest-growing corners of US trading over the past year, with CME, Kalshi, Coinbase, and decentralized platforms all competing for a share of the event-contract boom. Crypto-linked contracts have grown alongside them, largely outside the sports-betting battles now working through the courts, giving Robinhood’s newest product line room to…






