Tom Wan
@tomwanhh
head of data @entropyadvisors | prev. @21shares views are my own & NFA
Joined October 2021
1.9K Following 17.3K Followers
Robinhood Chain Revenue is coming in Q3 earnings
$3.48 Net Revenue within 30 Days of launch
Robinhood Q2 out and prediction markets the story:
> ATH of $156m Q2 PM rev (+50% q/q & rr of $624m)
> Events now 20% of total tx rev (now bigger than both equities & crypto)
> ATH of 13.6b contracts traded in q (+55% q/q) w/ June largest month ever at 6.4b (only incl 1/2 World Cup)
> Full impact of WC + Rothera next q + NFL szn -> hood on-pace to build a >$1b top-line pm business
> ggwp to Vlad + metrics below:
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