[Robinhood's Prediction Market Revenue Expected to Surpass Cryptocurrency Revenue in Q2] Odaily Planet Daily News – Robinhood's prediction market platform business is growing rapidly. Chief Brokerage Officer Steven Quirk stated that the company's annual revenue run rate has reached $500 million. During the second quarter ending June 25, Robinhood's active contract trading volume reached approximately 12.3 billion contracts. Based on a standard fee rate of $0.01 per contract, the prediction market revenue for the quarter is estimated to be at least $12.3 million. Meanwhile, the recently launched Rothera prediction market platform achieved over 900 million transactions in its first week, contributing to nearly 60% growth in Robinhood's active contract trading volume. At the same time, due to weak institutional trading volumes, cryptocurrency trading volume has declined, and cryptocurrency revenue for the second quarter is expected to fall below $134 million. Prediction market revenue is anticipated to surpass cryptocurrency revenue as early as this quarter, becoming a higher-growth source of income. (artemis)