【Market Flash】Prediction markets surpass crypto for the first time: Robinhood generated $173 million in prediction market revenue in Q3, beating its crypto business for the first time, which brought in $120 million.
Crypto revenue fell 55% year over year, shrinking from 21% of revenue last year to 8.4%, while trading volume dropped 38%. Total revenue hit a record $1.424 billion, buoyed by options, stocks, and prediction markets. Crypto is no longer its growth engine. Do you still consider it a crypto stock?
$BTC $ETH $SOL
#Robinhood #预测市场 #财报
(Source: CoinDesk)
⚠️Risk warning: The above is shared for informational purposes only and does not constitute investment advice. Investing involves risk; proceed with caution.
Crypto revenue fell 55% year over year, shrinking from 21% of revenue last year to 8.4%, while trading volume dropped 38%. Total revenue hit a record $1.424 billion, buoyed by options, stocks, and prediction markets. Crypto is no longer its growth engine. Do you still consider it a crypto stock?
$BTC $ETH $SOL
#Robinhood #预测市场 #财报
(Source: CoinDesk)
⚠️Risk warning: The above is shared for informational purposes only and does not constitute investment advice. Investing involves risk; proceed with caution.
