Robinhood stock shrugs off a 47% crash in crypto revenue thanks to a massive surge in event betting

By Helene Braun

Robinhood stock shrugs off a 47% crash in crypto revenue thanks to a massive surge in event betting

While the trading platform’s crypto revenue tanked 47% to $134 million, a record-breaking surge in prediction market bets helped push overall revenue up 15% to $1.07 billion.

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