Robinhood is launching a prediction-markets hub that will allow users to bet on basketball tournaments and coming interest-rate moves from the Federal Reserve. The brokerage is partnering with prediction-market startup Kalshi to offer the event contracts through Robinhood’s app.

Robinhood briefly opened a prediction market service of its own before the election, and then announced a market for the Super Bowl outcome, though it yanked the latter offering after failing to receive requisite clearance from the Commodity Futures Trading Commission. It now appears the company has obtained the requisite permissions from the CFTC.

Robinhood Markets' (HOOD) move earlier in the week to introduce a broad prediction market hub "could suggest a revenue run-rate of $260m annually worth 20c to EPS or 14% to 2025 EPS, at 80% incremental margins.