Robinhood sees rapid growth in prediction markets revenue

Robinhood reports nine billion contracts traded in prediction markets, reflecting significant growth and user engagement since March. JB Mackenzie emphasized the company’s strategy to increase investment in this sector amid strong customer interest.

Robinhood aims to launch a futures and derivatives exchange by 2026, enhancing its offerings. Kalshi, partnering with Robinhood, has been instrumental in this growth with notable trading volumes, signaling increased market interest.

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