Robinhood is poised to see its prediction market revenue exceed its cryptocurrency earnings for the first time in the second quarter. According to a report by Dr. Crossroads, Robinhood's prediction market revenue is projected to reach approximately $123 million by June 25, with an annualized run rate of $500 million. This growth is significantly driven by contracts related to the World Cup events. The company has partnered with Kalshi, sharing a fee of 2 cents per contract, and has launched its own platform, Rothera, which saw over $9 billion in trading volume in its first week. Robinhood plans to reduce customer pricing to 0.6 cents per contract through vertical integration, aiming to retain more economic benefits. Meanwhile, due to weak institutional trading volumes, Robinhood's cryptocurrency revenue, which was $134 million in Q1, is expected to decline further in Q2.