Robinhood CEO: Strong growth in the third quarter, with annualized revenue now exceeding $200 million

On October 2, 2025, at the Token 2049 event site, Robinhood CEO Vlad Tenev said that since the launch of the prediction market business one year ago, the transaction volume of event contracts has exceeded 4 billion, and in the third quarter alone, this figure exceeded 2 billion, accounting for nearly half of the total transaction volume. The current annualized revenue has exceeded 200 million US dollars, making it one of Robinhood's fastest growing business lines.
In the future, Robinhood plans to further deepen the prediction market, continuously enrich the trading scene, explore more potential predictable events, and attract more different types of investors to participate. At the same time, the company is also actively deploying other business segments. On the one hand, it continues to expand its banking business and promote Robinhood Banking services. The credit card business also has super 450,000 cardholders, and will continue to optimize the user experience in the future. On the other hand, the company also focuses on the global market. In the European Union region where the stock token business has been launched, it plans to further expand its business territory and expand to other regions, aiming to create a "financial super application". In addition, Robinhood is attracting more mature investors by introducing more investment options, including functions such as short selling and social trading platforms. The company also announced the establishment of Robinhood Ventures Fund I, which is designed to provide retail investors with the opportunity to participate in pre-IPO company investments.