The strong performance was driven in part by an uptick in Robinhood’s Gold subscription business and the popularity of its prediction market business. Total prediction market volume for Robinhood in Q2 surged to 13 billion contracts compared to 9 billion in the first quarter. Overall revenue from prediction markets jumped from around $104 million in the first quarter to $156 million in Q2. In the past, Robinhood has relied on Kalshi and other firms to operate the back end of its prediction market offerings, sharing a cut of the revenue. The post Robinhood CFO details surging prediction market business as firm posts record revenue in Q2 appeared first on Fortune.