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Robinhood's CEO says we're on the cusp of a 'prediction market supercycle'

Vlad Tenev said that prediction markets are about to see a supercycle.

Steve Granitz/FilmMagic

  • Vlad Tenev said prediction markets are the fastest-growing business in the company's history.
  • Tenev said interest in prediction markets could surge with events like the Olympics and World Cup.
  • Robinhood's quarterly earnings missed expectations despite a 27% increase in revenue.

Prediction markets are hot — and about to get even hotter, says Robinhood's CEO.

On Tuesday's earnings call...

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