Robinhood Reports $26M Blockchain and Crypto Revenue in Q3
Robinhood’s blockchain boosted crypto revenue, while prediction markets brought in $173 million in the third quarter.
Robinhood generated $26 million in blockchain-driven crypto revenue during the third quarter, representing a 20% increase in total crypto revenue, according to TheBlock.
Revenue Growth and Prediction Markets
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In addition to the growth in its crypto business, the company reported that prediction markets contributed $173 million during the same period.
Key facts
- Robinhood's blockchain activity boosted crypto revenue.
- Total crypto revenue rose by 20% in the third quarter.
- Prediction markets brought in $173 million in Q3.
Source: theblock.co
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