Robinhood says prediction markets now bring in $100 million of annual revenue—but no plans to build its own
PositiveFinancial Markets

Robinhood says prediction markets now bring in $100 million of annual revenue—but no plans to build its own
Robinhood's CEO, Vlad Tenev, recently announced that prediction markets are generating an impressive $100 million in annual revenue. This is significant as it highlights the growing popularity and profitability of prediction markets. Instead of creating its own platform, Robinhood plans to leverage partnerships with firms like Kalshi, allowing them to focus on their core business while still benefiting from this lucrative market.
— via World Pulse Now AI Editorial System



