Robinhood, Coinbase poised to lead prediction markets - report

16th April, 2026

Narayani Srinivasan

Robinhood and Coinbase are expected to emerge as leading players of prediction markets, leveraging their large retail user bases, as distribution is increasingly seen as a key competitive moat, according to a report from Bernstein.

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ABN AMRO
Bank of America
CBOE
Citi
Goldman Sachs
DRW Holdings
HSBC
J.P Morgan
Marex
Morgan Stanley
SGX
SocGen
Susquehanna
MUFG Investor Services
TP ICAP

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