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Robinhood Earns $173 Million From Prediction Markets as Crypto Revenue Declines
(5 hours ago) · 1 source · Summarized by CryptoBipto
Robinhood has reportedly generated $173 million in revenue from prediction markets, even as its cryptocurrency trading revenue has declined. The shift highlights the growing role of prediction markets on the platform relative to traditional crypto trading.
WHY IT MATTERS
Robinhood is a well-known app that lets everyday people trade stocks, crypto, and other assets.
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SOURCES
- cryptoslate.com
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Prediction MarketsRobinhoodCrypto Trading RevenueRetail Trading