Robinhood: Predicting the Market is Becoming the Fastest-Growing Revenue Stream
BlockBeats News, November 26th, Robinhood has stated that the prediction market has become one of its fastest-growing revenue streams and plans to expand the business by introducing a futures and derivatives exchange and clearinghouse. In a statement released on Tuesday, Robinhood mentioned that since partnering with the prediction market platform Kalshi in March of this year to launch the prediction market, over 1 million users have traded 9 billion contracts.
JB Mackenzie, Robinhood's Futures and International Business General Manager, stated, "We've seen strong demand from users for the prediction market, and we're excited to continue building on this momentum." Robinhood stated that it will further increase its investment in the prediction market field, including establishing a futures and derivatives exchange and clearinghouse to deepen its presence in the prediction market.
"Our investment in infrastructure will allow us to bring a better experience and more innovative products to customers," added Mackenzie.
Robinhood plans to launch a derivatives exchange in 2026, with the exchange being majority-owned by Robinhood and served by Susquehanna International Group (SIG) as the initial liquidity provider. As part of this business, Robinhood will also acquire MIAXdx, a derivatives clearing organization and swap execution facility licensed by the Commodity Futures Trading Commission (CFTC). Robinhood stated that the derivatives exchange is expected to commence operations in 2026.
You may also like

Vitalik wrote a proposal teaching you how to secretly use AI large models

On the eve of the explosion of on-chain options

WEEX AI Hackathon: How Did This AI Trading Winner Succeed?
A self-taught AI trading enthusiast achieved top-10 results at the WEEX AI Hackathon. Learn about the mindset, AI tools, and lessons behind this impressive performance.

One Balance to Rule Them All: Gravitas' On-Chain Prime Broker Ambition

That person who cashed out at the NFT peak is now selling a new shovel in the OpenClaw craze

Inter-generational Prisoner's Dilemma Resolution: The Nomadic Capital and Bitcoin's Inevitable Path

Upstream and downstream are starting to fight, all for the sake of everyone being able to "Lobster"

Circle and Mastercard Announce Partnership, the Next Stage for the Crypto Industry Belongs to Payments

From 5 Mao per kWh of Chinese electricity to a $45 API export: Tokens are rewriting currency units

Why is OpenAI playing catch-up to Claude Code instead?

Vitalik wrote a proposal teaching you how to secretly use AI large models

The doubling of Circle's stock price and the paradigm shift of stablecoins

Key Market Information Discrepancy on March 13th - A Must-See! | Alpha Morning Report

On-Chain Options Explosion.ActionEvent

《Time》 Magazine Names Anthropic as the World's Most Disruptive Company

Predictions market gains mainstream traction in the US, Canada, Claude launches Chart Interaction feature, What's the English community talking about today?

500 Million Dollars, 12 Seconds to Zero: How an Aave Transaction Fed Ethereum's "Dark Forest" Food Chain

AI Agent needs Crypto, not Crypto needs AI
Vitalik wrote a proposal teaching you how to secretly use AI large models
On the eve of the explosion of on-chain options
WEEX AI Hackathon: How Did This AI Trading Winner Succeed?
A self-taught AI trading enthusiast achieved top-10 results at the WEEX AI Hackathon. Learn about the mindset, AI tools, and lessons behind this impressive performance.