Robinhood’s prediction market income surpassed each crypto and equities within the second quarter as occasion contract exercise climbed to a different document for the corporate. The brokerage reported $156 million in prediction market income for the quarter, in contrast with $100 million from crypto and $129 million from equities. Only choices generated extra transaction-based income….
Rothera is beginning to look much less like a future Robinhood prediction market challenge and extra like an alternate getting ready to record its first contracts. The CFTC-regulated alternate backed by Robinhood and Susquehanna filed 4 soccer occasion contract certifications Wednesday, including soccer consequence, unfold, whole targets and achievement contracts to its regulatory page. The…
Key Takeaways ▸ Robinhood reported a report quarter for prediction markets, with 8.8 billion occasion contracts traded. ▸ The firm is making ready to launch its Rothera alternate later in Q2, enabling it to checklist and clear contracts in-house moderately than counting on third-party exchanges like Kalshi. ▸ April buying and selling exercise suggests prediction…
Robinhood on Wednesday delivered another strong quarter as surging crypto activity and the integration of Bitstamp helped the trading platform exceed Wall Street’s expectations. The company’s earnings point to its rising influence in the digital asset market and its push to diversify beyond retail trading. For the second quarter of 2025, Robinhood reported revenue of…