Robinhood CEO: Crypto contracts are expected to surpass sports in the coming years, capturing the majority share of the prediction market business.

BlockBeats news, September 22: Robinhood CEO Vlad Tenev said that crypto-related prediction contracts are taking an increasingly large share of Robinhood's prediction market business, and sports contracts may shrink to a minority in the coming years.

Tenev said: "We've already seen other categories like crypto take a disproportionate share. I think within a few years, sports contracts will actually become the minority, similar to what's happening with overall active trading."

He said sports contracts are the "entry point" driving the growth of the prediction market business, helping the platform attract users, build liquidity, and generate market attention, but the industry is rapidly expanding beyond sports.