Robinhood is studying a plan to offer its prediction markets product in countries beyond the United States, with talks initiated with regulators including the United Kingdom’s Financial Conduct Authority, Bloomberg reported. The move could shape access for retail traders and fund managers seeking new trading flows or hedging tools, but the rollout will be governed by national rulebooks and Robinhood’s record of regulatory penalties.
These factors will set the pace and reach of any launch, as the company weighs opportunities against compliance demands across multiple jurisdictions.
Robinhood frames the initiative as part of a broader push to become a global financial services provider, reports indicating it will open a Singapore office in 2025 to serve as its regional headquarters. Talks with the FCA and other regulators mark the early stage of assessing viability and timing for prediction markets outside the U.S.
Legal classification is the central barrier: in the United States, the contracts may count as futures, while in the United Kingdom and several Asia-Pacific countries they can fall under betting or gambling law, each with its own licence terms and consumer safeguards according to Bloomberg. This divergence will influence licensing pathways, product design, and consumer protections in each target market.
The next steps for Robinhood on the international market
Robinhood enters the review with strong sales momentum—for the twelve months ended 31 March 2025 it booked USD 3.26 billion in revenue, up 59.65% year on year.. It also carries a history of fines—USD 45 million from the SEC and USD 26 million from FINRA, per the same sources—heightening operational risk when introducing prediction markets in stricter jurisdictions.
The rollout will require a country-by-country compliance plan, potentially including local partners and tools such as geofencing, as the reports note. Where contracts are treated as gambling, Robinhood must adjust onboarding checks, position limits, and consumer protection controls to meet licensing and safeguarding requirements.
Earlier sanctions raise the bar for compliance upgrades before any international scale-up, increasing scrutiny on governance, surveillance, and capital dedicated to risk management. Execution discipline will be critical to secure approvals and maintain operating capital headroom during expansion.
If Robinhood clears regulatory hurdles, it gains access to new customers and revenue streams outside the United States, supporting its diversification goals. Licences and phased launches would determine how quickly prediction markets contribute to topline growth.
The next verifiable milestone is the opening of the Singapore office in 2025, alongside outcomes from regulatory talks in the United Kingdom and other markets. These developments will fix the calendar and extent of any international launch of Robinhood prediction markets, setting expectations for traders, fund managers, and prospective customers.,
