Another note here:
The key detail is that World Cup match markets are starting to shift onto Robinhoodโs own prediction market infrastructure.
Instead of just routing everything through Kalshi, $HOOD is now pushing select World Cup contracts through Rothera, its affiliated
Robinhood metrics released today and May was largest month ever for prediction markets on $HOOD w/ 3.9b prediction market contracts traded (+22% m/m)
> At 1c RH fees, implies ~$470m of run-rate pm revenue
> Fwiw June likely to set new ATH w/ World Cup in USA
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