U.S. online brokerage giant Robinhood Markets (HOOD) reported in its third-quarter 2026 (July-September) earnings released on the 27th that crypto (virtual currency) trading revenue fell 55% year-over-year to $120 million (about 19 billion yen). Crypto’s share of total company revenue dropped to 8.4%, down sharply from about 21% a year earlier. The figure nonetheless beat the market estimate of $114.1 million.

Meanwhile, revenue from Prediction Markets — where users trade on the outcomes of sports and elections — reached $173 million (about 27 billion yen), surpassing crypto trading revenue for the first time. Event contract revenue was more than six times the year-earlier level and also rose from $156 million (about 25 billion yen)…