Robinhood Prediction Market Revenue Surpasses Crypto Trading in Q2
In the second quarter of 2026, Robinhood reported $156 million in revenue from its prediction markets, surpassing crypto transaction revenue for the first time. This marks a significant shift as customers increasingly engage with event contracts rather than traditional cryptocurrency trading. A notable example is a live contract asking whether XRP will exceed $3.75 by year-end 2026. Robinhood's options business remained its largest source of income, generating $342 million in Q2 revenue. Prediction markets followed closely with $156 million compared to crypto transactions at $100 million and equities trading at $129 million. The prediction market segment saw over tenfold growth year-over-year. The company is also expanding its infrastructure through a multiyear agreement with Crypto.com and OG.com, which will allow Robinhood to route event-contract volume via CFTC-regulated exchanges.
Topics: crypto trading revenue prediction markets Robinhood XRP price speculation