Bernstein predicts Robinhood prediction markets to generate $1.7B by 2028, surpassing crypto
Current overview (not historical)
Bernstein analyst predicts Robinhood's prediction markets will contribute $1.7 billion in revenue by 2028, exceeding the projected $1.6 billion crypto business and comprising 18% of total revenue. Forecasted market revenue is expected to grow from approximately $650 million this year to $1.7 billion. Bernstein also raised Robinhood's revenue estimates for 2026-2028 but maintained a $160 price target.
Written with AI from the reporting · updated 10/28/2026
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- 1Unclassified fact stationOct 26, 21:25single sourcereport-time onlyrevised
Bernstein预测Robinhood预测市场2028年收入达1.7亿美元
Read original source ↗ CointelegraphReplay this moment in the explorerEvidence & revisions · 1 source records
- Subject：
- Robinhood Markets
- Action：
- 预测预测市场将成为增量收益驱动力
- Object：
- 预测市场收入
- Occurred (fact side)：
- not recorded
- Published (valid side)：
- Oct 26, 21:12
- First seen (known side)：
- Oct 26, 21:25
Fact stationSingle source · one-sided claimRevisedReport-time onlyCopy may have been revised later; time replay is bounded. Layer labels group reading only, not causation between layers.
- 2Unclassified fact stationOct 29, 01:53single sourcereport-time only
Robinhood crypto business shifting toward infrastructure
Read original source ↗ The BlockReplay this moment in the explorerEvidence & revisions · 1 source records
- Subject：
- Robinhood
- Action：
- shifting toward infrastructure
- Object：
- crypto business
- Occurred (fact side)：
- not recorded
- Published (valid side)：
- Oct 29, 01:06
- First seen (known side)：
- Oct 29, 01:53
Fact stationSingle source · one-sided claimReport-time onlyCopy may have been revised later; time replay is bounded. Layer labels group reading only, not causation between layers.
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- The BlockRelated fact: single sourceFact occurrence time unverifiedBernstein sees Robinhood's crypto business shifting toward infrastructure as new products like prediction markets and perps gain ground
Report first recorded Oct 29, 01:53
Bernstein analysts state that Robinhood's crypto business is shifting toward infrastructure, with new products like prediction markets and perpetual contracts gaining ground to offset crypto weakness.
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- CointelegraphRelated fact: single sourceFact occurrence time unverifiedSource report revisedBernstein forecasts Robinhood prediction markets to generate $1.7 billion by 2028, exceeding crypto revenue
Report first recorded Oct 26, 21:25
Bernstein analysts predict Robinhood's prediction markets will generate $1.7 billion in revenue by 2028, surpassing the projected $1.6 billion in crypto-derived revenue for the same year. The forecast expects revenue to grow from approximately $650 million this year, accounting for roughly 18% of Robinhood's total projected $9.4 billion revenue in 2028. The prediction market growth is expected to contribute to a 13% quarter-over-quarter revenue increase in Q3 2026, driven by growing event contract volumes.
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Event activity trend
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- Comparable peak
- 10Oct 29, 03:00
- 24h change
- -50%
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