Crypto.com, Robinhood Launching Entertainment Event Contracts
Posted on: November 4, 2025, 06:52h.
Last updated on: November 4, 2025, 06:52h.
- Brokerage firms make announcements within a day of each other
- Crypto. Com is partnering with Hollywood.com
- Robinhood continues expansion of prediction markets menu
Crypto.com and Robinhood Markets (NASDAQ: HOOD) are betting entertainment and pop culture event contracts will be gain traction with prediction markets traders.
On Monday, Crypto.com, which is an established player in the event contracts space, announced a partnership with Hollywood.com through which that entertainment site will offer Crypto.com event contracts on actors, awards, movies, television shows, and more.
With the launch of this new offering from Hollywood.com, entertainment fans can express and trade their opinions on entertainment event contracts across Hollywood movies, Broadway shows, television programs, musical artists, major award shows, and more,” according to a statement issued by the cryptocurrency trading platform. “Prices update in real-time, allowing users to react instantly and express their opinions on what is going to happen next alongside their favorite entertainment developments.”
The news arrived about a week after Crypto.com reached a similar accord with Trump Media and Technology Group (NASDAQ: DJT), making that company’s Truth Social the first social media platform to directly integrate yes/no derivatives.
Robinhood Going Big on Entertainment Event Contracts
Fans of award shows could also become fans of Robinhood because like Crypto.com, that trading house is rolling out a slew of entertainment-linked event contracts, including six apiece on the Grammys and the Oscars.
Robinhood is also introducing approximately two dozen yes/no contracts on the Golden Globe Awards. There’s more. The trading platform, which offers event contracts through partnerships with Kalshi and ForecastEx, is also offering music-linked event contracts and derivatives tied to people, including Time’s person of the year and the winner of the Miss Universe pageant.
There are some company-specific contracts, too, including one tied to the contentious debate on Elon Musk’s Tesla (NASDAQ: TSLA) compensation package and another on the possibility of OpenAI potentially raising the cost of ChatGPT this year. Other new contracts on the platform are linked directly to AI events, science and health, and space.
Last month, the financial services firm said it planned to add over 100 new event contracts in the coming weeks, some of which will pertain to sports.
Speaking of Sports…
Neither the Crypto.com nor the Robinhood announcements contain any talk of sports event contracts and that may be design. Prediction markets operated largely unfettered prior to offering sports derivatives — a move that has since invited a spate of state-level legal challenges.
Crypto.com and Robinhood haven’t spared on that front. The former recently agreed to halt its sports menu in Nevada while the latter is tussling with several states regarding sports derivatives. States argue the contracts are too close to sports wagering, meaning prediction market operators should gaming licenses in those jurisdictions, which they don’t.
Add it all up and it could be shrewd of Crypto.com and Robinhood to expand their yes/no offerings outside of sports, particularly in the entertainment/pop culture arena because that could generate more trading without inviting regulatory challenges. Maybe.
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