Shenchao TechFlow news, June 29, according to analyst Dr. Crossroads, Robinhood's prediction market revenue is expected to surpass its cryptocurrency revenue for the first time in Q2. As of June 25, Robinhood's Q2 event contract volume reached approximately 12.3 billion contracts. At 1 cent per contract, the prediction market revenue for the quarter is estimated to be about $123 million, with an annualized run rate of $500 million; however, dragged down by a decline in institutional trading volume, cryptocurrency revenue is expected to be lower than last quarter's $134 million.

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