Robinhood reported record total revenue of $1.4 billion in Q3, up 12% year-over-year. However, net income decreased 14% year-over-year to $476 million, and diluted EPS fell 16% to 51 cents, which includes $67 million in unrealized losses primarily related to Robinhood Ventures Fund I. During the quarter, prediction market (event contracts) revenue reached $173 million, surpassing cryptocurrency revenue ($120 million) for the second consecutive quarter. Prediction market revenue grew over 6x year-over-year, while cryptocurrency revenue declined by 55%. Additionally, Robinhood has launched crypto trading in the UK and obtained authorization from the Dubai Financial Services Authority (DFSA). The U.S. Commodity Futures Trading Commission (CFTC) has filed a lawsuit in Utah and initiated legal proceedings in nine other states to defend its jurisdiction over federally registered contract markets, which is relevant to Robinhood's expansion into prediction markets.