Robinhood adds Crypto.com's yes-or-no contracts to its platform and takes minority stakes in Crypto.com and prediction market company OG, spun out of Crypto.com
Robinhood adds Crypto.com's yes-or-no contracts to its platform and takes minority stakes in Crypto.com and prediction market company OG, spun out of Crypto.com
The brokerage will add yes-or-no contracts from Crypto.com prediction business and take stake in digital-currency exchange
Robinhood secures its first IPO underwriting role, in Oura's $11B+ IPO, which could give it more influence over the number of shares allocated to its customers
Playing an official part in the IPO process could give Robinhood more influence over the number of shares allocated to its customers
Robinhood secures its first IPO underwriting role, in Oura's IPO, which could give it more influence over how many shares are allocated to its customers
Playing an official part in the IPO process could give Robinhood more influence over the number of shares allocated to its customers
Robinhood says Q2 prediction markets revenue rose 10x+ YoY to $156M, topping stock and crypto for the first time, as speculators shift to real-world event bets
Brokerage app Robinhood has quickly become a force in prediction markets, challenging the hold of Kalshi and Polymarket on the popular betting market.
Robinhood reports Q2 revenue up 32% YoY to $1.31B, above $1.29B est., event contracts revenue up over 10x to $156M, and crypto revenue down 38% YoY to $100M
Prediction-market revenues on the popular trading app increased tenfold during the second quarter
Robinhood reports Q2 revenue up 32% YoY to $1.31B, vs. $1.29B est., event contracts revenue up over 10x to $156M, and crypto revenue down 38% to $100M
Prediction-market revenues on the popular trading app increased tenfold during the second quarter — Robinhood reported second-quarter results on Wednesday, beating expectations.
Robinhood CEO Vlad Tenev says the company is “proactively” reducing its full-time workforce by ~10%, or ~290 employees, in a “flattening” of its org structure
Robinhood CEO Vlad Tenev says the company is “proactively” reducing its full-time workforce by ~10%, or ~290 employees, in a “flattening” of its org structure
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