Robinhood launches derivatives exchange to power prediction markets...targeting launch next year

Robinhood is expanding its prediction market services through a joint venture with Susquehanna International Group to launch a new futures and derivatives exchange.
According to The Block, on the 25th (local time), Robinhood announced in a statement that the new joint venture, which will be controlled by Robinhood Markets,
announced that it plans to acquire MIAXdx, a derivatives clearing house and swap execution facility, from MyARMY International Holdings.
MIAXdx is a designated contract market authorized by the U.S. Commodity Futures Trading Commission (CFTC). After the exchange is established, MIAXdx will maintain a 10% stake in the new exchange, and Susquehanna will
The new exchange will offer futures and a variety of derivative products, particularly those focused on prediction markets.
The company plans to offer the service and will begin operations in 2026. JB Mackenzie, who is in charge of Robinhood's futures and international division, said:
"We continue to see strong demand for prediction markets, and we are building on this to deliver even more innovative products and improved user experiences," said Vice President Mackenzie.
Robinhood said its prediction market is currently the company's fastest-growing revenue segment, with over 1 million users having executed over 9 billion contracts to date.
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