Robinhood CEO Tenev: Prediction market revenue surpasses crypto; financial super app now has 14 business lines with annualized revenue above one hundred million dollars
Robinhood CEO Vlad Tenev said the company posted record third-quarter revenue of 1.42 billion dollars, but crypto revenue plunged 55% year over year to 120 million dollars. The real new engine is prediction markets, where revenue rose more than sixfold to 173 million dollars, surpassing crypto, as the company builds toward a financial super app.
Fox Business ·