Robinhood Prediction Market Revenue Surges 589% Over Crypto Trading
2026-06-29 12:11

Woofun AI data shows that Robinhood's event prediction market revenue is projected to reach $123 million in the second quarter, driven by 12.3 billion contract trades. This figure exceeds the anticipated cryptocurrency trading revenue, which is expected to decline below the first quarter's $134 million due to reduced institutional volume. The annualized revenue rate for the prediction business stands at $500 million.

The newly launched Rothera platform recorded over 900 million contracts in its first week, accounting for nearly 60% of new trading volume. Robinhood plans to reduce fees from 2 cents to a minimum of 0.6 cents per contract through vertical integration, aiming to capture top-three industry status while retaining execution benefits within its ecosystem.

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Rothera
Robinhood
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