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Robinhood Invests in Crypto.com and OG.com Amidst Event Contract Surge

Guavy AI Editorial Team
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Robinhood is taking minority stakes in Crypto.com and OG.com after event contracts overtook cryptocurrency trading as a source of revenue for the brokerage in Q2 2026.

Under a multi-year agreement, Robinhood will add event contracts backed by OG.com to its app. The companies did not disclose Robinhood's ownership percentages or investment amounts.

Robinhood earned more from event contracts than cryptocurrency transactions during the second quarter, with $156 million in revenue from event contracts and $100 million from cryptocurrencies.

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