Core Insights - Robinhood has entered the prediction market space, allowing users to bet on high-profile events such as elections and sports, which has led to a more than 12% increase in the company's stock price on a single day [1][3] - The company has facilitated over 4 billion prediction market contracts, with 2 billion of those occurring in the third quarter alone, representing half of the total volume [1][3] - The expansion into prediction markets is seen as a new growth engine for Robinhood, blurring the lines between financial markets and the gambling industry [3] Business Developments - Robinhood is collaborating with Kalshi, a platform regulated by the U.S. Commodity Futures Trading Commission, to offer prediction market contract trading services [3] - The company plans to expand its prediction market offerings to include professional and college football events by August 2025 [3] - Following the recent stock price surge, Robinhood's stock has increased over 260% year-to-date and the company has been officially included in the S&P 500 index [3] Core Operations - In addition to prediction markets, Robinhood's core business continues to focus on stock, options, and cryptocurrency trading, creating a dual-driven model of traditional finance and emerging prediction markets [3]
Robinhood(HOOD.US)股价单日涨超12% 预测市场交易量破40亿份