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Robinhood’s prediction markets draw more revenue than crypto trading in Q2
Robinhood reported $156 million in revenue from event contracts, versus $100 million from cryptocurrency trading, in Q2.
Robinhood generated $156 million from event contracts in Q2 through its prediction markets, topping revenue from its cryptocurrency trading activity.
According to The Block, the platform brought in $100 million from cryptocurrency trading over the same quarter.
The figures show prediction market monetization outpacing crypto trading revenue for Robinhood in Q2.
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