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Stonk Broker NFTs on Robinhood Poised to Overtake Pudgy Penguins as Robinhood Delivers Record Earnings - Tekedia

TL;DR AI

Key summary

2 min read
  1. Robinhood posted its strongest quarter yet, with $573 million in net income on $1.31 billion in revenue.

  2. Robinhood Gold subscriptions climbed to 4.8 million, but the stock still fell below $90 as investors looked past the record results.

  3. The company is expanding beyond brokerage into blockchain infrastructure, prediction markets, and an NFT offering tied to its on-chain ecosystem.

  4. If those products gain traction, Robinhood could unlock new revenue streams and challenge established NFT brands like Pudgy Penguins.

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