Robinhood: Cryptocurrency revenue drops by 55%, market predicted to become a new growth engine
2026-10-28 20:50:24
CoinMeta data: Robinhood saw a 55% decline in crypto transaction revenue in the third quarter of 2026, but total revenue reached a record $1.42 billion. According to Robinhood's financial report on October 27th, the predicted market generated $173 million in revenue that quarter, while crypto transaction revenue was only $120 million. Robinhood's predictive market experiment began in March 2025 and was launched in collaboration with the regulated exchange Kalshi. Despite the decline in crypto revenue, Robinhood's diversified business model has enabled it to achieve growth in other areas.
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Source:Coinpaper
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