Robinhood's Crypto Revenue Tanks 47%, Gap Filled by Prediction Markets | CoinDesk Daily
Robinhood's crypto revenue fell 47% in the quarter. Robinhood missed earnings after crypto trading revenue fell 47% to $134 million in Q1. But event contracts surged 320% to $147 million as users traded a record 8.8 billion prediction market contracts. CoinDesk's Jennifer Sanasie hosts "CoinDesk Daily." - This episode was hosted by Jennifer Sanasie. “CoinDesk Daily” is produced by Jennifer Sanasie and edited by Victor Chen.
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