Robinhood Prediction Market Revenue Surpasses Crypto Revenue in Q2
2026-06-29 10:49

Woofun AI reports that Robinhood’s prediction market revenue is projected to exceed its cryptocurrency revenue in the second quarter. Chief Brokerage Officer Steven Quirk confirmed an annualized revenue run rate of $500 million, with event contract volume reaching approximately 12.3 billion through June 25. At a standard fee of $0.01 per contract, this generates at least $1.23 million in quarterly revenue. The recently launched Rothera platform contributed over 900 million transactions in its first week, accounting for nearly 60% of the growth in event contract volume. Conversely, weak institutional trading led to a decline in cryptocurrency trading volume, with crypto revenue expected to fall below $134 million.

Disclaimer: Views are the author's own and do not represent the platform. Do not reproduce without permission. Content is for reference only, not investment advice. Trade at your own risk.
Tags:
Steven Quirk
Rothera
Robinhood
Share:
back