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Lorenzo Valente
@LorenzoARK
Crypto at @ARKinvest I Director of Research I Disclosure:
Joined May 2024
287 Following    9K Followers
Robinhood Chain's trailing 7-day revenue annualizes to ~$589M. That drops it right next to prediction markets ($624M) and above equities trading ($516M). HOOD discloses 13 business lines over $100M ARR. You should never annualize seven days. But Chain retains ~90% of the fees it generates. On operating income it's a far higher-margin line than anything else on this chart.
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