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Robinhood, already a ‘comeback’ stock, has even more aggressive plans for 2025
- Robinhood has been declared Yahoo Finance’s “comeback stock” of the year.
- CEO Vlad Tenev plans to take advantage of the fast-changing landscape of deregulation, cryptocurrency and prediction markets.
- Robinhood plans to increasingly compete on prediction markets with still-private startups like Kalshi and Polymarket.
- In the interview, Tenev discussed copytrading, a trading strategy that allows clients to automatically replicate the trades of another trader.
- Robinhood’s assets under management is around $200bn, so there is still a long way to go.
- Tenev is enthusiastic about event contracts, where Robinhood may integrate news and entertainment.
- The presidential election market trade was so popular that Robinhood plans to expand their offerings in this area.
- Economic contracts at the intersection of news and financial markets interest Robinhood.
- News has increasingly started to merge with entertainment; event contracts can be a way to deliver such news in real time.
- Robinhood is also considering event contracts on entertainment events, such as the Oscars.
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