Deals
Robinhood to route football contracts through OG.com exchange
Robinhood will route football event contracts through OG.com, an independent exchange. Event contracts generated a record $156 million in second-quarter revenue for Robinhood, making the category a growth driver for the brokerage.
Why this matters?
Robinhood is outsourcing football contract execution rather than building proprietary infrastructure, suggesting it views event contracts as a revenue line worth scaling fast through partnerships rather than owning the full stack.
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