Robinhood Stock hit a new high on Tuesday following reports that its trading platform is considering expanding its forecast market products outside the US.
The company’s shares were trading nearly $140 a share recently after hitting the Tuesday morning New York time earlier than $142. According to Yahoo Finance data, foods registered with NASDAQ have increased by 275% since the start of the year.
Hood boomed on Monday as Robinhood co-founder and CEO Vlad Tenev said he was X and that its customers were trading more than 4 billion event contracts on the company’s forecast market platform.
Robinhood Prediction Markets has just surpassed 4 billion event contracts in history, exceeding 2 billion in the third quarter alone. And we’re just starting out. pic.twitter.com/13lxjqwant
-Vlad Tenev (@vladtenev) September 29, 2025
Bloomberg Then, on Tuesday, a report report reporting Robinhood’s plan to expand forecast markets outside the US said the platform was talking to UK financial conduct authorities, particularly about expanding into European markets.
Decryption I contacted Robinhood but didn’t receive a response immediately.
Based in Menlo Park, California, Robinhood is a trading platform that allows users to buy and sell stocks, commodities and cryptocurrencies.
company First debuted Last October, an event contract was made with a US client prior to the presidential election. Event contracts allow people to bet on sporting events, political outcomes and more.
And then Robin Hood We formed a team With licensed forecast market operator Kalshi to offer contracts for the March Madness Basketball Tournament Games in March.