Somewhere between a Las Vegas casino and the Wall Street stock market, a new way to make money by betting on future outcomes is taking the world by storm. Prediction markets are trading platforms similar to stock market exchanges that allow users to buy and sell financial contracts based on the outcome of real-world events. Rather than buying shares of stock, users bet on election outcomes, technology milestones, economic data points and other event categories.
Leading prediction market platforms Kalshi and Polymarket are private companies, but investors can still get in on the action with these eight prediction market stocks:
Robinhood Markets Inc. （HOOD）
Robinhood Markets is an online brokerage platform focused on democratizing retail investing via its popular mobile app. /Robinhood famously pioneered the idea of offering commission-free trades with no account minimums. True to its reputation as an innovator, Robinhood has been one of the first public companies to aggressively lean into the prediction market trend. Robinhood launched a partnership with Kalshi in 2024. In late 2025, Robinhood announced it would be launching a futures and derivatives exchange along with market maker Susquehanna International to expand prediction market services. Prediction markets could be particularly attractive to Robinhood’s base of younger, tech-savvy traders.
Robinhood’s entry into prediction markets is partially responsible for the stock’s impressive performance over the past year, as HOOD has jumped more than 50%.
DraftKings Inc. （DKNG）
DraftKings is a daily fantasy sports and online sports betting company. In addition to operating one of the largest U.S. sportsbooks, DraftKings has also embraced prediction markets as a method of expanding into states that don’t allow online sports betting. In December 2025, the company launched DraftKings Predicts in 38 U.S. states, including Texas and California. These two states are particularly important because they are the largest U.S. markets that have not legalized traditional sports betting. DraftKings Predicts could both protect its sports betting business from prediction market disruption and also expand its addressable market beyond sports.
Webull Corp. （BULL）
Webull is a financial services company that offers trading, market data and information, wealth management, investor education and other services. In early 2025, Webull announced a partnership with Kalshi that allowed Webull users to trade short-term, cash-settled, binary event contracts. As of early 2026, Webull has already begun expanding its Kalshi partnership. In January Webull said it had seen significant growth in prediction market trading in its first two quarters since launch and announced zero-commission trading for sports prediction markets ahead of the NFL’s Super Bowl. In the crypto market, Webull also offers hourly binary options for Bitcoin and Ethereum.
Interactive Brokers Group Inc. （IBKR）
Interactive Brokers is an online, low-cost broker offering stock, bond, futures, forex and cryptocurrency trading./ Interactive Brokers offers users access to “event contracts” via its ForecastEX platform. These event contracts allow users to trade the outcomes of political, economic, climate and other events. The broker’s prediction market business is apparently performing so well that Founder and Chairman Thomas Peterffy recently said betting on the 2026 U.S. midterm elections alone would be enough to accelerate Interactive Brokers’ revenue growth this year. Peterffy is also reportedly backing prediction market startup Lumina Markets, which has close ties to Interactive Brokers.
Coinbase Global Inc. （COIN）
Coinbase is a leading cryptocurrency exchange that allows retail and institutional investors to buy, sell, store and send cryptocurrency. While Coinbase has historically focused on crypto, it has been aggressively expanding into other markets, including prediction contract trading. In November 2025, Coinbase announced a new partnership with Kalshi that involved Coinbase Custody holding and securing Kalshi’s USDC stablecoin reserves. A month later, Coinbase acquired prediction markets startup Clearing Company. In January 2026, Coinbase rolled out its own prediction market features in all 50 U.S. states, providing U.S. Coinbase users access to Kalshi markets directly through the Coinbase platform.
Intercontinental Exchange Inc. （ICE）
Intercontinental Exchange provides market infrastructure, data services and technology solutions. Its products include futures, equities, fixed income and residential mortgages. ICE is also the parent company of the New York Stock Exchange and other major global financial, commodity and equity exchanges. In October 2025, ICE announced a $2 billion investment in leading prediction market Polymarket, taking a 25% stake in the popular prediction market upstart. In addition to the investment, the deal made ICE a global distributor of Polymarket’s data, which will provide ICE customers access to sentiment information on major market-moving events. ICE and Polymarket have also agreed to partner on tokenization initiatives in the future.
CME Group Inc. （CME）
CME Group runs the world’s largest futures exchange and provides a wide range of futures and options products and services. /CME operates the Chicago Mercantile Exchange （CME） and other exchanges. In November 2025, CME announced a partnership with FanDuel to launch prediction markets via the new FanDuel Predicts standalone app. FanDuel Predicts offers access to sports events contracts, allowing even Americans living in states that don’t allow online sports betting to trade event contracts on the outcome of sporting events. The app also offers event contracts tied to stock, commodity and crypto markets, as well as key economic indicators.
Flutter Entertainment PLC （FLUT）
Flutter Entertainment is the world’s largest sports betting and iGaming operator. /Flutter is based in Ireland, but it began trading on the New York Stock Exchange in 2024. The company owns several leading global sports betting brands, including FanDuel in the U.S. and Sky Betting & Gaming and Paddy Power in the U.K. Prediction market investors are most interested in the partnership between FanDuel and CME Group. Prediction market contract trading will allow FanDuel to expand into U.S. states that don’t currently allow online sports betting. If successful, Flutter may launch similar prediction markets with its international brands.