Robinhood Prediction Market Revenue to Surpass Crypto Trading, Analysts Predict
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Trading platform Robinhood Markets Inc.’s revenue from prediction market is set to overshadow that from cryptocurrency trading, starting as soon as the second quarter, analysts at Bernstein and Piper Sandler said this week.
This shift in revenue dynamics highlights the growing interest and potential profitability of prediction markets compared to traditional cryptocurrency trading.
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“Trading platform Robinhood Markets Inc.’s revenue from prediction market is set to overshadow that from cryptocurrency trading, starting as soon as the second quarter, analysts at Bernstein and Piper Sandler said this week.”
Bloomberg — Robinhood Prediction Market Revenue to Top Crypto, Analysts Say