#RobinhoodCrypto61%Surge

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About RobinhoodCrypto61%Surge

Robinhood's August crypto trading volume hit $17.5B notional, up 61% MoM. Prediction market contracts reached 4.7B, down 23% MoM but 15x YoY, with Jan-Aug cumulative volume topping 30B. On Sept 8, Robinhood struck a new prediction market deal and took an equity stake. The company also completed its first IPO underwriting with Oura. From crypto and prediction markets to IPO underwriting, Robinhood is expanding beyond traditional brokerage into digital assets and diversified financial services.