Robinhood CEO Vlad Tenev says prediction markets are just getting started — and he thinks they’re heading into a long period of massive growth.
In a video shared on X by Altcoin Daily, Tenev said we’re at the very beginning of what he called a “prediction market supercycle.” According to him, adoption and trading activity could grow so much that trillions of prediction contracts may be created every year.
In simple terms, he believes this space is still early, even with all the attention it’s getting right now.
Prediction markets let people trade on the outcome of real-world events — things like elections, sports games, economic data, and even crypto prices. What started as a small experiment has quickly turned into a serious financial tool.
One of the biggest names in the space is Polymarket. It’s gained global attention by using crypto and stablecoins to show real-time crowd expectations, all settled on-chain. Researchers have even found that Polymarket’s forecasts were more than 90% accurate across different time periods.
Tenev pointed to platforms like Polymarket as early leaders in this growing market.
People online reacted quickly to his comments. One user said, “Vlad knows what’s up,” while another suggested prediction markets could help drive the next wave of altcoin growth.
New players are also jumping in.
This week, PancakeSwap and YZi Labs announced plans to launch Probable, a new prediction market on BNB Chain. The platform will offer zero-fee trading and cover crypto prices, global events, and sports. All outcomes will be settled on-chain using UMA’s system.
Big money is following the trend too.
Prediction market platform Kalshi raised $185 million in funding earlier this year, led by Paradigm. Around the same time, Intercontinental Exchange announced a multibillion-dollar investment and data partnership with Polymarket. Kalshi has also teamed up with CNN.
Robinhood itself plays a major role here. Reports say it already accounts for more than half of Kalshi’s betting volume. The company is also planning to roll out customizable sports parlays using Kalshi’s tech in early 2026.
All of this fits into Tenev’s bigger vision — blending crypto with traditional finance through tokenization and new financial products.
The takeaway is clear: prediction markets are no longer a side idea. Big platforms, big investors, and major exchanges are lining up — and according to Vlad Tenev, this may only be the beginning.
