logo

Robinhood: Predicting the Market is Becoming the Fastest-Growing Revenue Stream

By: theblockbeats.news|2025/11/26 06:45:53

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.

Strategy has transferred 58,390 BTC to Fidelity Custody in the past 2 months to reduce reliance on Coinbase.
Delaware Divide: Musk and Coinbase's Breakneck Exodus

You may also like

Share
copy

Gainers

Latest Crypto News

17:15

CZ: DOYR = Do Own Your Research? Tweeting does not constitute an endorsement of any meme or symbol

16:45

Jupiter Lend's Asset Pool Questioned for "Incomplete Isolation," Users May Face Asset Looping Risk

16:45

Meme Coin DOYR Market Cap Reached $9.7 Million Shortly After 3 Hours of Launch, With a Trading Volume of $13.1 Million

15:45

This week the US Ethereum spot ETF saw a net outflow of $65.4 million

14:45

Fogo Mainnet Performance Testing Project Fogo Fishing

Read more
Community
icon
icon
icon
icon
icon
icon
icon
icon

Customer Support@weikecs

Business Cooperation@weikecs

Quant Trading & MMbd@weex.com

VIP Servicessupport@weex.com